Manual processes in exercising or abandoning listed options positions are being handled by ops teams
Citi Private Bank has added three private bankers in its New York office. All have moved from US Trust, Bank of America Private Wealth Management, with two joining as managing directors and one as a senior vice-president
Mortgage bank alleged to have exposed investors to excessive risk
As governments across Europe announce austerity measures designed to rein in deficits, sovereign and corporate bond investors are divided over the scale and timing of the cuts.
An uptick in Nigerian oil production at the end of 2009 led to hopes of greater supply stability. However, with political uncertainty looming and attacks on oil facilities on the rise again, Lianna Brinded asks experts if they are still optimistic for...
The inflation market has had a challenging few months. In particular, many dealers were hurt by short positions in 0% inflation floors, causing sizeable losses for some firms. Sponsored by BGC Partners, Risk convened a panel of major inflation dealers...
A speaker from BAML calls for delays to US financial reform proposals.
Financial services firms, wary of cloud computing, are looking to a new hybrid public-private cloud strategy to ease concerns.
Exchange-traded funds (ETFs) and currency specialist ETF Securities has launched the first ETF to track the Dow Jones-UBS Commodity Three-Month Forward Index (DJ-UBSCI F3(SM)), following growing investor demand for diversified commodity related products.
Tightening spreads are making it more difficult for banks to factor protection into their products and although the market is stabilising, having protection and products they understand is still an important factor for Banca Fideuram’s customers. Clare...