Foreign exchange
Basel II unlikely to reduce securitization of corporate exposures according to S&P
A new Standard & Poor’s report ‘Assessment Of The Basel II Framework: Incentive To Securitize Corporate Exposures Remains’ has found that the introduction of Basel II is unlikely to translate into reduced securitization of corporate exposures.
A View on 2007: By Morrison & Foerster's Anna Pinedo
What will 2007 hold for structured products regulation? Continuing our series of thoughts on the year ahead Structured Products invited Anna Pinedo, partner at US law firm Morrison & Foerster in New York, to provide her thoughts on the subject.
A View on 2007: By Credit Suisse's Hans Georg Vetterlin
What will 2007 hold for structured products marketers? Continuing our series of thoughts on the subject Structured Products invited Hans Georg Vetterlin, Credit Suisse's Zurich-based head of structured derivatives incubation & advisory, to provide his…
SEB's Basel II credit risk model approved
SEB internal credit risk models approved by Swedish Financial Supervisory Authority
Statoil buys Hydro’s oil and gas assets
Norwegian companies Hydro and Statoil have agreed a merger of Hydro’s oil and gas activities with Statoil, creating the world’s largest offshore operator in an estimated $28billion deal.
JP Morgan launches implied volatility indexes
JP Morgan has launched indexes tracking the level of implied volatility in G7 and emerging-market economies.
NAB gets regulator’s nod to resume risk modelling
National Australia Bank (NAB) has received approval from the Australian Prudential Regulation Authority (Apra) to resume use of its internal model for the calculation of the market risk component of risk-weighted assets, the bank said in a statement…
A View on 2007: By DWS Scudder's Chris Warren
What will 2007 hold for structured products marketers? Continuing our series of thoughts on the subject Structured Products invited Chris Warren, DWS Scudder's head of structured products for the US in New York, to provide his thoughts on how the markets…
Robeco and SAM team up for sustainability platform
Dutch asset manager Robeco and Switzerland-based Sustainable Asset Management (SAM) have launched a platform for sustainability investments. SAM is an asset manager focusing on sustainability investments, and is well known for constructing and licensing…
Reuters and TMA to launch renminbi swap offer rate fixing
Reuters and the Hong Kong Treasury Markets Association (TMA) will launch a renminbi swap offer rate fixing on 18 December.
IRA Releases Q3 2006 Economic Capital Profiles for all US banks
IRA has released Q3 2006 Economic Capital, Basel II and financial performance indicators for all US banks
BarCap launches options on hedge fund baskets
Barclays Capital has developed a range of new option products based on underlying baskets of hedge funds.
CEBS published recast version of financial reporting guidlines
CEBS has published a new release of the Guidelines on Financial Reporting.
Reuters and TMA to launch renminbi swap offer rate fixing
Reuters and the Hong Kong Treasury Markets Association (TMA) will launch a renminbi swap offer rate fixing on 18 December.
FASB suggests more in-depth derivatives reporting
The US Financial Accounting Standards Board (FASB) has issued a proposal for more rigorous reporting of derivatives in financial statements.
FSA starts monitoring banks’ management of collateral
The Financial Services Authority (FSA) has started investigating how large investment banks manage their collateral, fearing they may not be ready for a sudden market downturn.
HSBC trades first renminbi non-deliverable swaption
HSBC has traded the first ever option on a renminbi non-deliverable interest rate swap, the bank said in a statement.
Hong Kong SFC suspends Credit Suisse prop trader
A convertible bond proprietary trader at Credit Suisse has left the bank after being suspended by Hong Kong’s Securities and Futures Commission (SFC) for alleged insider trading.
Russian bank launches first local CDO
Bank Zenit in Moscow has launched what it said is the first collateralised debt obligation (CDO) to be backed by Russian local corporate debt.
A View on 2007: By Unicredit’s Ferdinando Samaria
What will 2007 hold for structured products marketers? Structured Products invited Dr. Ferdinando Samaria, Unicredit's global co-head of markets, to provide his thoughts on how the markets may play out next year.
FASB suggests more in-depth derivatives reporting
The US Financial Accounting Standards Board (FASB) has issued a proposal for more rigorous reporting of derivatives in financial statements.
EIIB hires for new Bahrain office
The London-based European Islamic Investment Bank (EIIB) has hired Toby Lanyon as general manager for its newly opened Bahrain office. Lanyon joins from Nomura Investment Banking in Bahrain where he was head of equity derivatives marketing, Middle East.