Absent the extension, OCC estimates extra $74 billion in RWAs for European members
Combination with net margin posting at EU CCPs could leave clearing members on the hook
Commission’s Bandman raises margin financing as emerging systemic risk to CCPs
Stock market falls steer clients away from traditional equity focus
High cost of downgrade triggers forces Dutch bank to use alternative hedge
Other commodities moves at ABN Amro, Barclays, ICBC, Freepoint and CFTC
Gérardin replaces Papiasse, who stays, but focuses on "remediation plan"
Ruling of Dutch court on use of brand name expected on September 9
China makes regionally established commodity benchmarks a policy aim
Improved pit visibility and technology in new exchange building
Insurgents increase involvement as major global banks retreat
Plans for increased involvement contrast with retreat of biggest firms
BNP Paribas awaits competition clearance
Dutch bank Rabobank has shaken off its Libor label pretty quickly, leaving it to focus on its co-operative roots, the AMA and its RCSA roll-out. Anne Snel-Simmons, head of operational risk management at Rabobank, talks to OpRisk about the challenges...
Goldman's Shenouda and O'Hagan retire; BNP Paribas takes Flax; ABN Amro appoints global head of energy; Hederman joins DoE; JP Morgan lures origination head
ABN Amro undergoes shake-up; Marex Spectron sets up iron ore desks; Skylar adds power and gas trader; Barclays hires in commodities; CFTC appoints acting enforcement chief
CFTC has increased its scrutiny of futures brokers and their handling of customer funds since MF Global collapse
An extraordinary Australian court judgement shines a light on the errors and deceit that led to the granting of a triple-A rating to ABN Amro’s Surf constant proportion debt obligation in 2006. Lukas Becker reports
An extraordinary Australian court judgement shines a light on the errors and deceit that led to the granting of an AAA rating to ABN Amro’s Surf constant proportion debt obligation in 2006. Lukas Becker reports
The fine handed out by an Australian court last year to ABN Amro and Standard & Poor’s was a rare success for post-crisis litigants in structured credit cases. The victors are hoping to repeat the trick in Europe – but what are their chances? Lukas...
European banks and pension funds are seeking redress over CPDO ratings, and claims against issuers of other structured credit products could follow
Panellists at the Structured Products Asia conference were downbeat over the prospects for commodity-linked structures