Validation Trades
Most Large banks have run structured credit books, of various forms, including default portfolios, distressed debt, workout, new financial products, financial engineering, corporate transition, etc
This a limited sample of these undertakings. Please be advised that non-linear hedging requires specialist knowledge (publication - a duration spread approach to correlation trading, see T5 University Financial Engineering) :-
Ahold, NL.
Italy S&L IRFIS
United Pan European 1,2,3,4
Liberty CFC, CRC, SoA, 2PA
Alstom EDF
Orange
NTL Telewest Virgin Media
United Mexican States.
Repsol Cemex
Telia Netia
Telefonica
Nokia
Rolls Royce
Argentina Brazil Chile
Venezuela
Samsung Telstra
HKTelecom SKTelecom
Monte dei Paschi di Siena
IntesaBCI
Endesa