Articles by Michael Watt
ICB capital levels would hurt UK banks, critics say
Report recommends a worst-case capital level of 22.5% for large ring-fenced retail banks and UK-headquartered systemically-important banks
Société Générale CDS spreads recover after shaky start
French banks see further spread widening, before disclosure by Société Générale on its eurozone sovereign exposure prompts a turnaround for that bank
SFOA conference: Eurex supports central bank access for CCPs
Derivatives clearing houses should be able to rely on central bank liquidity support, says Eurex exec at SFOA annual conference
Basel Committee's Walter dismisses reports of LCR overhaul
Basel Committee is working on criteria to decide what counts as a liquid asset, but secretary general says no decisions have yet been taken on how – or whether – to change the LCR
Deutsche Bank tops Risk interdealer rankings
Deutsche claims top spot for third year running, with JP Morgan a close second
Risk interdealer rankings 2011: Dealers
Dealers enjoyed a bright start to the year but endured a slow second quarter and a savage start to the third as political wrangling over European and US debt contributed to a surge in volatility and risk aversion. For the third year in a row, Deutsche…
Basel III liquidity rules shaking up the corporate deposit market
Deposit(ive) thinking
Regulators wary of new corporate deposits that sit outside Basel III LCR
Basel III arms race begins with product that uses a rolling, embedded option to keep deposits outside bounds of new liquidity ratio
Protected banks welcome new European short-selling bans
Regulators need to protect markets from "rumours and false information" say bans' supporters
Rumours drive Société Générale CDS wider for second straight day
CDS spreads on SocGen continue to rise - with no obvious driving force - while share prices of the three major French banks fall
European debt twilight zone claims Société Générale
Markets turn against French banks in general - and SG in particular - on a day short on solid news and long on rumours
US bank CDS spreads spike following US downgrade
Spreads on Bank of America spike following US debt downgrade and news of AIG lawsuit; other US names also widen
Offshore activities create surge in spreads on iTraxx Australia
Jack of all trades
Risk-managing the Middle East's revolutions
Risk-managing revolution
Anshu Jain made co-chief executive at Deutsche Bank
Josef Ackermann to be replaced in 2012 by Deutsche's investment banking head and Risk lifetime achievement award winner
Risk.net poll: Orderly restructuring most likely scenario for Greece
Almost half of poll respondents believe Greece will undergo an orderly restructuring in the short term, perhaps leading to a selective default
Italian CDS spreads endure wild ride
Morgan Stanley strategist urges decisive policy response
Icap names new chief operating officer
Mark Price to join interdealer broker in October 2011 with responsibility for risk and compliance
LGIM names new head of global rates
Nick Griffiths to join Legal & General Investment Management in September
Daiwa Capital Markets appoints new head of secured financing
Christopher Owen joins investment banking arm of Daiwa Securities Group
Portugal CDS spreads widen 22% following downgrade to junk
Downgrade triggers spread widening across the eurozone, including 10% leaps for France and Germany
Banks call for equity to be counted in LCR
A taste for diversification
Bair bids bye-bye to FDIC
Bair bids bye-bye
Equity should be included in LCR – Risk.net poll
Equity should be included in Basel III liquidity coverage ratio, say respondents