Best of RPI and CPI exposure will cost up to 100 basis points to hedge, as well as increase the size of liabilities, say participants
Charles Achoa joins Royal Bank of Scotland after 13 years at Credit Suisse.
UK regulator issues large fine after banks fail to implement monitoring systems
Committee issues second consultation paper to address concerns over level of detail in op risk guidelines on market-related activities
Fifteen banks accused of mis-selling mortgage-backed securities
US bank receives the largest fine the SEC has ever imposed on a financial entity
Incapital, Barclays and Gilliat all launched three products each in the past two weeks, most of which focused on the FTSE 100 index as investors continue shy away from risky investments
Gary Davis takes senior role in credit and rates group.
Chris Lee has taken over global market investment products and the db-x division in Asia for Deutsche Bank. Formerly head of the structured products group at UBS, Lee started at Deutsche in the last week of June.
Global savings and insurance heavyweight, Skandia, has been distributing structured products in Sweden since 2005 when it launched two products with Skandiabanken as issuer. Since then the Swedish branch has gone on to use various other intermediaries...
The Royal Bank of Scotland has created a complicated retail structured product based on volatility for the Australian market and teamed up with National Australia Bank to help with distribution. Capital for the seven-year product is protected at maturity...
Hybrid structures are increasingly popular in Malaysia as investors look to keep the cost of hedging down and moving away from capital protected products
This webinar discusses best practice in stress-testing a liquidity risk framework and how firms can find the business benefit from the new liquidity risk management requirements
South Korea launched its new derivatives product approval system in June but issues remain
Growth and income plans were by far the most popular style of product over the past three weeks, thereby disproving the previous UK wrap prediction that autocall products would increase in popularity
Regulators believe the IIF has over-estimated the effect of the planned Basel III reforms.
In this roundtable, three leading swaps dealers discuss the changes in derivatives pricing – and in particular, the use of OIS as a discount rate for collateralised derivatives trades.
UK FSA considers lifetime ban for Johnny Cameron
Living wills have quickly emerged as a new measure to ensure banks are better prepared for the next crisis. But clear definitions of exactly what information they should contain and how they should be drawn are lacking