Your English writing platform
Discover LudwigExact(10)
A FURTHER sign of investor concern is the increased cost of insuring against bank default.
The bond investors have the right to those underlying assets in the case of a bank default.
The cost of insuring against European bank default is at its highest ever, according to Markit, an information provider.
(Yes, I know there are rumours about that bank default in Austria, but come on, you don't get to the top without breaking a few bankers' toes).
Systemic risk models address the issue of interdependence between financial institutions and, specifically, consider how bank default risks are transmitted among banks.
In (4) the CA equations express the valuation of the cash flows that affect each of the trading desks before bank default (CVA, FVA and MVA desks, as clean desks disappear from the picture under our perfect clean hedge assumption).
Similar(49)
It could easily lead to a slew of bank defaults—and corporate ones, too.
Analysts say that would set off a chain reaction of bank defaults.
As a result of the central bank's abstention, rumours swirled about bank defaults and ATMs running out of cash.
And if the central bank defaulted on its provision of the emergency assistance, the E.C.B. would take the hit.
The cost of credit-default swaps on European banks has been rising since Cyprus got into trouble, suggesting the market thinks bank defaults have grown more likely.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com