(Bloomberg) U.S. banking industry groups are pressing regulators to clarify accounting for certain securities under the Volcker Rule after lenders complained the Dodd-Frank Act measure may force them ...

For the third time in just a few months, Merrill Lynch has taken a huge, multi-billion-dollar "writedown" on its investments in mortgage-backed securities. Banks are suffering big losses because of ...

If ProPublica's fine post-mortem on how Wall Street lost billions of dollars on collateralized debt obligations clarifies anything, it's this: Bernie Madoff was an amateur. Because the ruse big banks ...

Chief data officers face several challenges, including new demands from AI, but they must also sell the value of their jobs to coworkers unsure what CDOs do. Chief data officers have a lot to think ...

Jon Ogg has spent 12+ years as chair and co-owner of 24/7 Wall St. LLC. Author of numerous articles on the economy. Thomas J. Brock is a CFA and CPA with more than 20 years of experience in various ...

The commercial mortgage market faces one of its toughest credit climates in more than a decade. The most complex corners of the securitized mortgage market are getting hammered. Products that flew off ...

A fear too many greenhorn collateralized debt obligation managers have entered the market is concerning investors. But, with the current momentum they also think it’ll probably take a credit blowout ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician ...

You have probably heard a lot about derivatives over the past two years. Derivatives are largely responsible for the fall of banking giants Bear Stearns, Lehman Brothers and Washington Mutual.

The AI era revealed that most enterprises are still wrestling with their data plumbing. IBM’s new approach to data ...