The biggest Wall Street story most Americans haven’t yet heard of is the $62 trillion unregulated credit default swaps market. Here is one scenario: A hedge fund buys insurance in case a company ...

Credit default swaps (CDS) provide insurance against the default of a debt issuer. With a CDS, the buyer pays a premium to a seller for this protection. If the issuer defaults, the seller compensates ...

The Dodd–Frank Act continues to spawn new rules more than a decade after its passage. Our Financial Services & Products Group reviews a rule finalized 10 years after its proposal that protects ...

Oct. 31 (Bloomberg) -- The European sovereign debt crisis stands as the latest in a long line of similar crises. Argentina in 2001. Russia in 1998. Mexico in 1994. The list goes back into history.

Investors are getting nervous the U.S. government might struggle to pay its debt — and they are snapping up insurance in case it defaults. Stream Los Angeles News for free, 24/7, wherever you are. The ...

May 25 (Reuters) - A measure of U.S. default risk is flashing red as talks over the government's debt ceiling drag on, with speculation driven by the lure of a quick profit inflating the value of the ...

The husk of Lehman Brothers lost a bid to collect some $500 million on crisis-era subprime mortgage bond trades Wednesday when it suffered defeat in a trial over the proper valuation of credit default ...

Assured Guaranty (NYSE:AGO) won't have to pay about $500 million to a Lehman Brothers entity related to the proper valuation of credit default swaps during the financial crisis. Lehman Brothers ...

NEW YORK, Nov 21 (Reuters) - While Citigroup's shares have lost over half their value this week, Citi's credit default swaps are not yet trading at levels that indicate extreme distress, if history is ...

The cost of insuring exposure to U.S. government debt has been rising. Investors are pricing in the increased concerns around the unresolved debt ceiling, several industry watchers said. The surge in ...