Bank of montreal (bmo)
US bank loses new regional CRO after just three months; HSBC unifies inflation trading business under Mirfendereski; Min Park replaced at Credit Suisse; forex hires at Bank of Montreal
Straddle structure linked to the iShares MSCI Emerging Markets Index Fund has no upside cap and offers a return whether the underlying rises or falls
Exchange-traded funds that buy call options on the underlying stocks are attracting big inflows in North America
The computational requirements of Solvency II are driving the need for more computing power and data storage accessible on a scalable basis. Early adopters are leveraging cloud computing for their Solvency II implementation. Others are taking a more cautious approach, waiting for the industry to address key concerns such as security before they to embrace computing.
More Bank of montreal (bmo) articles
JP Morgan’s recent trading loss has drawn attention to a lack of relevant experience on the bank’s three-person risk committee. Other dealers fare better, but of 73 risk committee members at 15 big dealers, only four have held senior risk management...
Banks and CCPs are pressing for changes to method of calculating default fund capital
Exchange-traded funds form the basis of a raft of structured products registered with the US regulator in the week ending June 8
Swedish wealth manager Garantum Fondkommissionen and Swedish Export Credit Corporation returned to the US structured products market last week
Wells Fargo note offers guaranteed return of 7% plus principal as a raft of energy and natural resource-based reverse convertibles are filed with the SEC
Of the 91 structured products filed last week with the US Securities and Exchange Commission, more than 40 were reverse convertibles and nine were digitals. Financials and tourism were the most popular underlyings
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.