New accounting standard requires tough data upgrade, but capital incentives are weakening
Blockchain consortium confident it can raise $150 million by next summer
"Hypercompetition" fatal to UK and US banks
Both parties felt it might be difficult for the UK bank to find a clearing provider alone
Financial stability fears drive regulators to raise capital levels for banks
Current treatment of initial margin on uncleared swaps will cost Australian banks $21 billion
Running for covered
The deadline set by the G-20 to clear all standardised OTC derivatives has passed but a lack of regulatory clarity over the shape of reform is hampering banks in the region
A clearer outlook
The impact of an increasingly competitive landscape for retail deposits in Australia will felt in pricing, not liquidity – with the growing appeal of other asset classes a more significant threat to deposit levels
On the move
A committed committee?
A tighter grip on yield
The dollar dominance dispute
High interest rates, a strong currency, and rapid increases in volatility amid turmoil in European and US debt markets have resulted in another challenging year for the derivatives dealers and brokers in Australia. During a period that saw foreign banks...
The liquidity conundrum
Treacherous path ahead
National Australia Bank
Tech failures reflect industry’s lack of back-office investment
Aviva adds to fixed income team
A suitable ploy
The eurozone debt crisis and still-nervy stocks haven’t been enough to depress Australian derivatives markets, and competition has intensified over the last 12 months. Last year’s top two banks retain their hold – but they have a host of other dealers...
Following a major sell-off in the second half of last year, the antipodean financial markets are seeing significant inflows of foreign capital in 2009 due to the resilience of the Australian economy. Dealers are also profiting from derivatives activity...