Foreign exchange
US Treasury Blueprint: a good idea?
Editor's blog
Fed heightens its scrutiny of investment banks
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OCBC aims for agri-property outperformance
OCBC Bank in Malaysia has launched the Agri-Property Outperformance floating-rate instrument of deposit, a 100% principal protected product that measures the out-performance of six international agribusiness stocks against the iShares Dow Jones US Real…
UBS launches second ETN platform of the week
UBS has become the eighth bank to launch an exchange-traded note (ETN) platform in the US. It listed eight notes on the Arca platform of the New York Stock Exchange today.
SG Index catapults into carbon credits
Société Générale Index (SGI) and carbon expertise firm Orbeo have launched the SGI Orbeo Carbon Credit Index, which is designed to give institutional investors, asset managers and private banks direct access to carbon.
Nasdaq OMX gives access to 100 largest companies
Nasdaq OMX has launched the Nasdaq OMX 100 Index which comprises the largest 100 largest companies listed on the combined exchanges of the Nasdaq OMX Group.
Retail investors hold key to Canadian ABCP restructuring
A vote on the Montreal Accord, the proposal to restructure C$33 billion (US$32.7 billion) of distressed non-bank Canadian asset-backed commercial paper (ABCP), is due on April 25. But with all votes counted as equal, satisfying the demands of…
Paulson regulatory shakeup looks unlikely
US Treasury secretary Hank Paulson’s long-awaited proposals to overhaul the US financial regulatory system have received a tepid response from the market, which is enthusiastic about the intent of the proposals but sceptical that they will ever be…
Credit Suisse latest to join US ETN crowd
Credit Suisse has launched the first note from its new Elements exchange-traded note (ETN) platform. The notes began trading on the Arca platform of the New York Stock Exchange yesterday.
Ex-Abbey team to launch structured products at Investec
Investec Capital Markets is creating a new structured products retail business as the UK market continues to expand. The unit will be headed up by Gary Dale, who was responsible for Abbey’s Independent Financial Adviser (IFA) business until last month.
Weaker oil prices ahead, says Lehman
A series of “new fundamental factors” have buoyed oil prices in 2008, but various physical and financial indicators suggest weaker prices to come, Lehman Brothers’ senior energy economist said today at a briefing in New York.
Worldwide investment banking revenues down 45% for Q1
Global investment banking revenues plummeted to $12.5 billion in the first quarter of 2008, a 45% decrease over the past 12 months and down 42% from the end of 2007, according to a report published on April 2 by London-based data provider Dealogic.
Arc moves to calm fears over Bear credit risk
Arc Capital & Income has reassured investors and advisors over products backed by beleaguered US investment bank Bear Stearns. Following the move, JP Morgan has issued a broad guaranty that covers all of Bear's existing and subsequent trading activities,…
Moody’s bids to improve RMBS process
As the US subprime mortgage crisis shows little signs of relenting and few new securitisations are coming to market, the process of identifying what went wrong and how future calamities might be prevented has commenced.
US financial regulatory structure poised for change
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Sometimes traditional capital protection is just not good enough
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Editor's letter
Editorial
Flight to simplicity
Conference report: Spain
Academy Insight
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