Peter Madigan
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Articles by Peter Madigan
Basel liquidity ratios ‘destructive’ US Senate told
Fed's analysis of NSFR costs "dubious at best", says AEI scholar Paul Kupiec
US banks fret over Fed's domestic internal TLAC concept
Lobbyists fear authorities have already reached a verdict on domestic internal TLAC
Fed under pressure to rethink TLAC rules
US becomes the first G20 nation to propose total loss absorbing capacity rules, but deems existing debt ineligible for inclusion
Economists question cost benefits of derivatives clearing
New research finds no compelling economic rationale for central clearing
Banks to ramp up credit risk if Basel scraps internal models
Lobbyists warn banks will add more high-yield debt if forced to follow standardised approach
Insurance Sifi rules squeeze the balloon on US annuities
Non-bank Sifis continue to sell assets, despite MetLife's court win
Massad denies silencing position limits analysis
CFTC economists stopped from critiquing proposed rule due to “priorities”, not politics
Unresolvable clearing houses pose ‘enormous risk’
CCPs, the TLAC and Basel III capital rules are all cause for concern, Minnesota Fed hears
SDR battle between CME and DTCC heralds huge cost savings
Firms reporting more than 50,000 open swap positions could save $1 million a year at CME
Clearing head Murray quits Deutsche for BNY Mellon
Murray will join BNY Mellon in a senior listed clearing role
Bank names obstruct single-name CDS clearing
Ice is “working through” wrong-way risk issues, may need to revamp auctions
Europe will open gates to US CCPs, says Massad
CFTC adopts substituted compliance for European CCPs; US clearers still waiting on Esma approval
SEC in wait-and-see mode on CDS clearing mandate
Industry sources that have met with the agency claim it has “no plan” for mandate
SEC rule hikes cost of trading US CDS for non-US firms
CDS trades between non-US counterparties will be captured under Dodd-Frank
BoE: leverage ratio carve-out needed for clearing
Collateral should cut exposure, says BoE, citing need to ensure "continuity" of clearing business
Banks explore spin-offs for cleared swaps desks
Non-bank dealers would escape Basel III; private equity seen as likely owners
Mazzella to leave Citadel at end of month
Chief operating officer for fixed income set to depart at end of February
CFTC eases margin requirements for inter-affiliate trades
Bowen votes against final rule exempting non-cleared inter-affiliate trades from initial margin
US margin rules threaten clearing bottleneck
Fed estimates $2.5 billion annual cost of funding margin on bilateral trades
Lawmakers slam 'overzealous' FSOC over non-bank Sifis
Size was the primary factor in designating insurers as non-bank Sifis, FSOC member admits
TrueEx targets buy side with post-trade spin-off
New venture will offer average pricing for swaps starting in early 2016
‘There’s room for two’: reactions to Tullett/Icap deal
Hard work – and risks – facing voice specialist, say dealers and brokers
Fed, BoE officials mount defence of resolution regimes
Resolution regimes are “not a power grab” by regulators, says BoE’s Gracie