credit default

In the wake of rising concerns about the U.S. economy and European consumer spending, debt investors are increasingly resorting to insurance against corporate bond defaults. What Happened: The cost of insuring a group of North American high-grade credits against default experienced a significant...

Credit Suisse Group AG (NYSE: CS) shares recovered early morning losses and traded higher by 2.4% on Monday following a report by the Financial Times that the Swiss bank has been reaching out to investors to reassure them about the bank's financial health. One of the biggest red flags for...