Feature
Hometrack outlines who wins most from Basel II
Taking the advanced approach is best for large retail mortgage lenders.
Isda AGM: Trichet calls for more transparency
Greater transparency is needed in the credit derivatives market to allow risk managers to understand the size, distribution and concentration of risks accumulated by participants, according to Jean-Claude Trichet, president of the European Central Bank.
Credit Suisse sells $190 million of CCO notes
Credit Suisse has completed its inaugural global issuance of US$190 million AAA-rated collateralised commodity obligations (CCO) notes. The notes are denominated in US dollar, Euro and Australian dollar, across three and five-year tranches.
DWS launches closed-ended structured funds in India
DWS Investments (DWS), the retail mutual fund arm of Deutsche Bank, has launched the first in a series of structured and capital protected products targeting investors in India. The DWS Capital Protection Oriented Fund is distributed through Deutsche…
ABA raises SOX concerns with Congress
Congress hears more SOX greivances
NPR brings gloom for US banks
Basel II notice of rulemaking (NPR) responses vary widely on the best approach.
CESR out with GAAP/IFRS CP
CESR consultation paper out to determine whether the GAAP of non-EU countries are equivalent to IFRS.
JP Morgan signs up Deutsche Börse for nuclear custom index
Deutsche Börse has expanded its customised index range offering a World Nuclear Power Index for JPMorgan. The index will be offered exclusively by JPMorgan as an underlying for a range of structured products.
Mifid will lead to a risk-based approach to client communications, says club
Asset-management firms will spend more time focusing on products and communications that present the greatest risk.
Small firms are ignoring compliance advice, says FSA
Compliance advice ignored by smaller firms.
European Commission speech on EU/US regulatory dialogue
More EU/US coordination on regulation needed, says Holmquist
Merrill Lynch offers second retail credit-linked note in Singapore
Merrill Lynch is currently offering a credit-linked retail structured note in Singapore - its second such offering for the country. The Jubilee Series 3 LinkEarner Notes are credit-linked to five subordinated or senior unsecured obligations of reference…
JP Morgan launches Yield Alpha 8 outperformance certificate in Germany
JP Morgan has launched an outperformance certificate based on the Yield Alpha 8 strategy in Germany. The two-year certificate offers a participation rate of 180% in the Yield Alpha 8 Index, which uses a multi-asset trading strategy that aims to return 8%…
Commission publishes updated FSAP implementation table
Updated FSAP table available online
Hedge funds back under attack
A group of socialist MEPs calls on the European Commission to take action on hedge-fund regulation
Financial data market will be hit by Mifid, says CEPS chief
Chief executive at CEPS argues that the implementation of the Mifid will have a significant impact on the financial market data business.
CESR re-consults on inducements under Mifid
CESR issues draft recommendations on inducements under Mifid to help foster supervisory convergence and consistent implementation of Article 26 of the Mifid Level 2 Directive.
RBS hires Mazzocchi as head of structured derivatives products
The Royal Bank of Scotland (RBS) has hired Matteo Mazzocchi as head of its structured derivatives products group, within its investment banking arm RBS Global Banking and Markets. He joins RBS in May and was previously global head of credit, rates and…
US questions best execution
A new paper from the Wharton School of the University of Pennsylvania has questioned the operability of best execution.
CEIOPS out with second set of QIS3 documents
Second set of QIS3 package published by CEIOPS.
Bank of Israel to be Basel II compliant by 2009
Bank of Israel issues new draft revised frameowrk for Basel II implementation
Arc launches capital protected FTSE tracker
London-based Arc Fund Management, which acquired UK distributor Nvesta last month, is launching a tracker fund aimed at taking advantage of stock market volatility.
CIMB to introduce Islamic private banking in Malaysia
CIMB Group is to launch the Malaysia’s first fully fledged private banking service based on sharia principles this year.
IIF proposes agenda to promote financial system stability
IIF letter to Gordon Brown calls for agenda to test financial stability