Financial stability fears drive regulators to raise capital levels for banks
Member of UK's Equality and Human Rights Commission joins Co-op
So joins from Enhanced Investment Products, where he was beta product head
Steven Yu and Alex Tam join Australian bank
China central bank acts to stimulate two-way trading
Bank receives approval to offer derivative products onshore
Loss of capital fungibility creates systemic risk, according to BAML compliance head
Risk Australia: Clearing broker collateral replacement mechanisms could put asset managers in breach of client mandates
Third-party collateral requirements not acknowledged in current standard clearing broker contracts
The move by European authorities to exempt European banks from holding CVA capital should be matched by regulators in Asia, according to senior bankers in the region
Running for covered
Two Australian banks speaking at Risk & Return Australia are critical of LCH.Clearnet for not meeting local market needs with its central clearing operation
IIF appoints deputy managing director
The dollar dominance dispute
Speakers at Risk & Return Australia 2011 believe the ability of supervisors to implement regulation around the world in a consistent manner is the most critical component to financial regulatory reform. They also believe the timeframe for new rules needs...
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...
Reputational risk can be managed but not modelled, speakers say
Debt prospecting down-under
GFI Fenics, a subsidiary of GFI Group, adds four new members to its commercial team in Asia-Pacific.
The asset quality and capitalisation of New Zealand banks remains strong but dependence on wholesale funding is still a risk, say credit rating agencies.
A suitable ploy
Risk Australia: Basel III being hijacked by politicians in Europe and US; ABA chief slams levy buffer as tax 'export’
Australian bankers attending Risk Australia in Sydney were worried that reforms aimed at supporting other countries' financial sectors may weigh heavily on their own shoulders.
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...