Foreign exchange
Islamic inroads
Cover story
A model approach
Technology
Bypassing Basel
Risk management
Forex freefall
Funding risk
Beyond AMA approval
Operational risk
Buy-side backlash
Trading costs
US regulatory overhaul inches closer
Editor's blog
Regulatory failures highlighted in Tarp Panel report
Daily news headlines
New legislation attempts to regulate hedge funds
Daily news headlines
US agriculture committee plans to ban naked CDSs
Daily news headlines
Lyxor launches ETFs on platform for IFAs
Lyxor Asset Management has released its UK range of 30 exchange-traded funds (ETFs) on to Ascentric, a whole of market wrap platform, making the range available to independent financial advisors (IFAs). Lyxor says IFAs are becoming an increasingly…
RWE Supply & Trading opens Dubai office
RWE Supply & Trading opened an office in Dubai this month to cover activities in the natural gas and LNG markets.
Derivatives trades rise on falling rouble
Forex derivatives volumes have soared in Russia as investors react to the plunging value of the rouble.
New US Treasury secretary publishes Tarp bailout contracts online
Daily news headlines
US agriculture committee plans to ban naked CDSs
The US House of Representatives Committee on Agriculture has published a draft bill seeking to limit the holding of credit default swap (CDS) contracts to market participants owning the bonds of the reference entity in question.
UBS served with arbitration claim over Lehman notes
UBS has been served with an arbitration claim by a Florida law firm on behalf of an elementary school teacher, who lost over US$100,000 purchasing Lehman principal protected notes from the bank's brokerage arm.
FOMC holds rates as spectre of quantitative easing looms
The Federal Open Market Committee (FOMC) has kept its target for US interest rates at between 0-25 basis points as the Federal Reserve reiterated its commitment to use new tools to fight the worsening economic downturn.
Wells Fargo posts $2.55 billion loss in Q4
Hampered by its move to bolster credit loss reserves, Wells Fargo saw a $2.55 billion loss in the fourth quarter of 2008.
Cebs and Ceiops release 10 principles for supervisory colleges
Daily news headlines
Nomura downgraded after $3.8 billion Q3 loss
Nomura Holdings, Japan's leading brokerage, has announced a third quarter loss of ¥342.9 billion ($3.8 billion). The financial services company said the losses were driven by a series of "one-off" losses from exposure to Madoff funds, Icelandic banks,…
Quantitative tests pointed to Madoff fraud, says Riskdata
Sophisticated investors expressed shock at the alleged $50 billion fraud by New York-based broker and fund manager Bernard Madoff, yet even relatively simple quantitative analysis should have raised red flags, according to research by London-based…
Deutsche unveils first ETF linked to global sovereign bond index
Db x-trackers, the exchange-traded fund (ETF) arm of Deutsche Bank, has released an ETF tracking a global sovereign bond index, listed on the Deutsche Börse. The ETF is based on the DB Global Investment Grade Government Eur Hedged Index, which provides…
ING CEO and 7,000 workers fall victim to €3.3 billion losses
After losing an estimated €3.3 billion in the last quarter of 2008, ING will lay off 7,000 employees, along with chief executive Michel Tilmant.