At first it was a bit difficult finding this information, because
there are actually 14, not 16, major credit derivatives dealers as
mentioned in the Financial Times on Monday, September 25:
"Industry on smooth learning curve with Corrigan report"
"The New York Federal Reserve and other international financial
regulators summoned 14 leading credit derivatives dealers to its
imposing headquarters near Wall Street last September."
Here are the 14 dealers summoned to the Federal Reserve meeting last year.
1. Bank of America
2. Barclays Capital
3. Bear Stearns
5. Credit Suisse
6. Deutsche Bank
7. Goldman Sachs
9. JPMorgan Chase
10. Lehman Brothers
11. Merrill Lynch
12. Morgan Stanley
There are actually more derivatives dealers than this, such as the
Bank of Tokyo and AIG, to give a few examples, but they were left out
of the festivities. The article below provides interesting reading on
what took place on Wall Street that day.
Trading Credit Derivatives: The New Frontier
By Brad Bailey, Aite Group
Wall Street & Technology
August 07, 2006
bank of america federal reserve derivatives
ProQuest for the full text of the Financial Times article
If you need any clarification on the information I've provided, let me
know your query and I'll be glad to assist you.