Feature
Barclays Capital launches online bookbuilding for structured products
UK investment bank Barclays Capital has launched a multi-asset class bookbuilding facility for its BARX for Investor Solutions trading platform.
Bear Stearns creates co-head of equities roles
Bear Stearns has made Nicolo Brandolini d'Adda and Vincent Van Pelt London-based co-heads of equities in Europe, encompassing cash equities, structured equities and prime brokerage.
Lyxor launches HSCEI Index-linked guaranteed fund in Hong Kong
Lyxor Asset Management, a subsidiary of French bank SG, has launched the Lyxor Absolute China Guaranteed Fund. The 100% capital guaranteed fund’s performance is linked to the absolute performance of the Hang Seng China Enterprises Index (HSCEI). The…
ABN Amro hires leading marketers for New York
ABN Amro’s US efforts were turbocharged overnight this week firm announced it had brought in Incapital’s Charlie O’Flaherty and Brian Jones to co-head the New York-based structured products desk.
Rabobank hires global head of structuring
Rabobank has hired Alan Shaffran as its global head of structuring within its Global Financial Markets business.
BIS: debt now bigger problem than inflation
4 October - The main structural threat to global economic growth is no longer runaway inflation, but a slower rebalancing of excess debt, according to a working paper released by the Bank for International Settlements (BIS).
BancWare Gets Support for Sox
NEW YORK—SunGard last week released an updated version of its BancWare risk management platform that is intended to help comply with sections of the U.S. Sarbanes-Oxley Act (Sox).
Nine Banks Organize to Build Mifid Utility
LONDON—Nine global securities firms have gone public with plans to create a trade data and market data dissemination platform to take advantage of the EU’s Markets in Financial Instruments Directive (Mifid) market structure reforms.
EU must lead global effort to integrate financial markets, says EC commissioner
Mifid and the EU’s clearing and settlement policies will play a vital role in achieving integrated global financial markets, according to a top regulator.
European regulators state concern over supervisory review process for mergers and acquisitions
CEBS, CESR and CEIOPS’ letter to the EC outline problems with the current draft of cross-border consolidation proposals.
Final guidance on Pillar II process for interest rate risk published.
CEBS has issued final technical guidance for supervisory review process for interest rate risk in the banking book.
Rising interest rates undermine retail notes in Hong Kong, says SFC
Rising interest rates may have dampened investors' appetite for retail structured notes, causing the market to shrink, according to a report by Hong Kong’s Securities & Futures Commission (SFC), the territory’s securities industry watchdog.
Global launches GCC Islamic Index
Kuwait-based investment company Global Investment House has launched what it claims to be the first GCC Islamic Index for the region. The new index is part of Global’s series of indexes, which track the performance of sharia-compliant companies in the…
Saxon Financial launches fund-linked PPN in Canada
Investment fund manager Saxon Financial has launched a principal protected note (PPN) in Canada. The Bank of Montreal Saxon Balanced Protected Deposit Notes, linked to the performance of the Saxon Balanced Fund, offer up to 200% of the potential returns…
Basel II goals for capital adequacy “achievable”, according to S&P report
QIS5 findings show Basel II stabilises regulatory capital and improves risk management, but will spur industry consolidation.
FSA releases policy statement on the restructured Handbook
The UK’s Financial Services Authority (FSA) has provided feedback on the comments for CP06/10, ‘Strengthening Capital Standards – Restructuring the Handbook’.
"Absolute return" - a definition in transition
absolute return
The traders' tool box
traders' corner
Hedge funds' biggest IT hurdle...
tete à tete: information technology
Taiwan takes the forward-thinking option
special report: asia
Crimes and misdemeanours - and how to avoid each when investing in hedge funds
fraud and litigation
Tiger, tiger burning bright...
special report: asia