News
Japan will deliver value under Abenomics, says Martin Currie
Japan’s stimulus package could lift the country out of its 20-plus-year economic slump, according to John-Paul Temperley, investment director, Japan, at Martin Currie Investment Management
Canadian regulators respond to energy firms’ concerns on derivatives
Updated OTC derivatives rules satisfy concerns of energy traders, but inconsistencies with Dodd-Frank remain
Harding reveals ambitious plans for Winton
David Harding says he has no intention to take Winton Capital Management public. He has ambitious plans to grow the business into a major investment management company as he remains at the helm
US dealers stop trading to avoid breaching China privacy laws
Questions over the ability to report OTC derivatives transactions to trade repositories mean some US dealers have stopped trading with each other
Central banks laying the seeds for crisis, says UK MP Baker
Chair of UK parliamentary group for economics says a sharp correction in developed world sovereign bond prices could spark a collapse in confidence
Changing hats – July 2013
Changing hats – July 2013
Long-term guarantee measures must be flexible - Balz
Solvency II calibrations need to account for different national contexts
Asian CCPs left to apply ‘in the dark’ for Esma recognition
Asian CCPs under pressure from EU third-country equivalence/recognition deadline squeeze
Prime brokers shun forex agency desks over CFTC rules
Agency desks warn they could be driven out of the market as a result of business conduct rules
Governments must ‘stop distorting cat markets’ with insurance pools
Let commercial market price risk, while governments should focus on risk-reduction, think-tank says
BoE deputy governor Paul Tucker quits after 33 years
Deputy governor is bound for academia in the US after helping with transition to new Carney regime
Insurers call for more transparent infrastructure investments
Structuring and regulation of assets frustrating investment, say market participants
OpRisk Europe: Cyber attack a growing threat, panel agrees
Op risk head warns algo trading could be "another Libor situation"
OCC warns of cyber threat to community banks
Regulator tells community banks to ensure threat is fully understood
UK regulators plan to "hold individuals to account"
The FCA and PRA are toughening up their approved persons regime for senior execs, risk managers and traders
RBS job cuts: the beginning of the end for retail structured products?
With RBS pulling out of the retail structured products market, some in the industry are speculating about whether other investment banks will follow
Citi loses pan-Asian head of equity derivative and convertible sales
Nick Smith appointed as replacement
Quant Congress Europe: BM&F Bovespa uses close-out model to cut margin
Netting and optimal execution effects may help other CCPs reduce margin requirements, says NYU maths professor Marco Avellaneda
OpRisk Europe: 1,000-year standard is unreachable, Mignola says
ORX chairman says Basel II definition is fundamentally flawed
OpRisk Europe: Regulators should focus on management behaviour
Industry experts call for greater attention from regulators on the behaviour of senior executives
OpRisk Europe: Sigor review to repair credibility, Adachi says
Sigor chair says review focus will be on capital model credibility and comparability
Quant Congress Europe: Test models as you build them, says BAML expert
With the 'London Whale' modelling failures still casting a shadow over the industry, BAML model risk head advocates ongoing testing
OpRisk Europe: Regulators urge caution over simplifying op risk models
Banks should not abandon complex risk models just because they failed during the financial crisis, conference hears
OpRisk Europe: Banks rewarding restrained risk taking, conference hears
Heads of operational risk say banks aligning remuneration to risk objectives