Dec 1 2009 | 12:32pm ET
In the days since Dubai World announced that it would have to delay its debt payments, the value of its Islamic bonds have plummeted and hedge fund QVT Financial has rallied bondholders to consider their legal options.
New York-based QVT has formed a creditors group that holds “over 25% of the nominal value” of the $3.52 billion in bonds issued by Nakheel, a property-development subsidiary of Dubai World.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…