News
BlackRock names Japan head
BlackRock’s Japan head
HSBC makes senior appointments in Asia
HSBC makes senior appointments in Asia
RBC nabs BarCap’s Taor for public debt role
RBC nabs BarCap’s Taor for public debt role
Barclays Capital hires Asia banking chief
Barclays Capital hires Asia banking chief
Commerzbank adds Asia fixed income sales head
Commerzbank adds Asia fixed income sales head
Credit spreads edge inwards in hours before Irish budget
Sovereign and corporate CDS tighten as Irish government prepares to announce austerity measures.
Pain coming for senior bondholders, say Credit Institute panellists
Buy-side participants at the latest Credit Institute event acknowledged haircuts on senior unsecured debt are looking increasingly likely as regulators move to introduce new special resolution regimes.
MarkitServ updates novation process after two-month delay
Middleware provider MarkitServ now in line with industry standard - two months after initially planned and more than three months after rival Ice Link.
People: Philippe El-Asmar takes over Asian distribution at Barclays Capital
People: BarCap's El-Asmar takes over Asian distribution
Policy centralisation key to future of Eurozone, says Goldman’s O’Neill
Success or failure of the Eurozone hinges on Germany ‘laying down the law’, according to chairman of Goldman Sachs Asset Management.
TD makes play for commodities market
International launch of new precious metals trading business builds on previous efforts
Merkel enraged at vote to scrap US-EU Swift data deal: WikiLeak
Leaked wire from US embassy in Berlin says Germany’s Chancellor Angela Merkel was furious at German MEPs' decision to reject Swift data sharing deal with United States
FSA names risk and IB advisers
UK regulator recruits outside advisers on risk and investment bank oversight.
CDSs on euro peripherals widen over weekend
CDSs on Ireland, Portugal, Italy, Hungary and Spain increased over the weekend, while the cost of protection against Greek default fell.
Market for CoCos could take years to develop, say Credit Institute panellists
Regulators may be sold on the idea of banks issuing loss-absorbing contingent convertible securities, but panellists at the latest Credit Institute event questioned whether there is a natural investor base for these instruments.
SG to start secondary marketing for exchange-traded autocalls
Societe Generale is about to start the sale in secondary of three exchange-traded autocallables listed on the London Stock Exchange in November.
Sovereign CDS spreads continue to fall after volatile week
Tightening of peripheral CDS continues for third day after Trichet announcement
World Cup victory will trigger commodity infrastructure improvements in Russia, say analysts
The decision to host the 2018 World Cup in Russia will boost much-needed infrastructure investment and lower operational risk for the steel industry, say analysts
Tier 1 Vif will mean no additional capital needed under Solvency II
Consideration of VIF as Tier I will save insurers from financing increased solvency capital requirements, says head of Italian insurance association
Certificates lift Nordic Growth Market trading activity to record highs
The Nordic Growth Market in Sweden has reported record high turnover in November for the fourth consecutive month.
SocGen studies hedge fund fraud to reduce risk
French bank completes statistical study on statistical properties of fraudulent funds
Peripheral CDSs fall on ECB liquidity promise
The cost of insuring against a default of peripheral European states continued to fall today, after peaking at record highs on Tuesday.
BAML index aims to offer more complete view of market risk
Bank of America Merrill Lynch has launched a new index which measures risks not normally visible in public markets by incorporating assets trading in the over-the-counter market.