List of Defendants:
Credit Suisse Group AG; Credit Suisse International; Credit Suisse (USA) Inc. (together, “Credit Suisse”);
Bank of America Corporation and Bank of America, N.A. (together, “Bank of America”);
JPMorgan Chase & Co. and JPMorgan Chase Bank, NA (together, “JPMorgan Chase”);
HSBC Holdings PLC and HSBC Bank PLC (together, “HSBC”);
Barclays Bank plc;
Lloyds Banking Group PLC (“Lloyds");
WestLB AG and Westdeutsche Immobilienbank AG (together “WestLB”);
UBS AG (“UBS”);
The Royal Bank of Scotland Group PLC (“RBS”);
Citizens Bank of Massachusetts a/k/a RBS Citizens Bank N.A. (“Citizens Bank”);
Deutsche Bank AG (“Deutsche Bank”);
Citibank NA and Citigroup Inc. (together, “Citibank”);
Coöperatieve Centrale Raiffeisen Boerenleenbank B.A. (“Rabobank”);
The Norinchukin Bank (“Norinchukin”);
The Bank of Tokyo-Mitsubishi UFJ, Ltd (“Bank of Tokyo”);
HBOS PLC (“HBOS”);
Société Générale S.A. ("SocGen"); and
Royal Bank of Canada (“RBC”)
Asset Swaps – a type of over-the-counter derivative in which one investor exchanges the cash flows of an asset or pool of assets for a different cash flow without affecting the underlying investment position.
Collateralized Debt Obligations (“CDOs”) – a type of structured asset back security (“ABS”). CDOs have multiple levels of risk (“tranches”) and are issued by special purpose entities. They are collateralized by debt obligations including bonds and loans.
Credit Default Swaps (“CDSs”) – a type of over-the-counter, credit-based derivative where the seller of the CDSs compensates the buyer of the CDS only if the underlying loan goes into default or has another credit event.
Forward Rate Agreements (“FRAs”) – a type of over-the-counter derivative based on a “forward contract.” The contract sets the rate of interest or the currency exchange rate to be paid or received on an obligation beginning at a future start date.
Inflation Swaps – a type of over-the-counter derivative used to transfer inflation risk from one party to another through an exchange of cash flows.
Interest Rate Swaps – a type of over-the-counter derivative in which two parties agree to exchange interest rate cash flows, based on a specified notional amount from a fixed rate to a floating rate (or vice versa) or from one floating rate to another. Interest rate swaps are commonly used for both hedging and speculating.
Total Return Swaps – a type of over-the-counter derivative based on financial contracts that transfer both the credit and market risk of an underlying asset. These derivatives allow one contracting party to derive the economic benefit of owning an asset without putting that asset on its balance sheet.
Options – a type of over-the-counter derivative based on a contract between two parties for a future transaction on an asset. The other derivative instruments, defined above, can serve as the asset for an option.
Floating Rate Notes – evidence an amount of money owed to the buyer from the seller. The interest rate on floating rate notes is adjusted at contractually-set intervals and is based on a variable rate index, such as U.S. Dollar LIBOR.