News
Risk USA: Footnote 88 prompts BlackRock to abandon NDF platforms
Asset manager returns to phone trading after electronic execution in foreign exchange contracts is forced onto Sefs
Risk USA: BlackRock cuts strategies that rely on liquid markets
New liquidity paradigm caused by regulatory constraints is "here to stay", says BlackRock trading chief
Risk USA: Few options to manage CCP exposure, says RBS chief credit officer
Senior executives at RBS have weighed up the bank's potential exposure to CCPs
Branch LCR calculations should include parental support within three days
Loss of capital fungibility creates systemic risk, according to BAML compliance head
Risk USA: Changing risk culture means higher staffing costs
Conference told of resource challenges facing Deutsche CRO
Paulhac leaves CME Group
CME’s head of OTC products and services is expected to take up a senior position at Icap at critical juncture for electronic swaps trading
Increased new business margin drives embedded value to three-year high
Average increase of 5.5%, despite rising rates hitting bond portfolios
Liquidity seen as top concern for energy risk managers
Falling over-the-counter energy volumes in Europe and the US push liquidity to top of risk management agenda
RBI and industry disagree on new interest rate future structure
Indian regulators try an under-the-radar approach to launching a domestic interest rate futures market
Risk USA: JP Morgan settlement could scare off white knights
Future crises will be tougher to resolve if legal risks stop strong banks acquiring wounded competitors, warns CRO for RBS Americas
Risk USA: Link compensation to 'risk awareness', say CROs
Deutsche Bank and CQS using risk indicators to adjust pay
Risk USA: Regulators cannot hide from bank models, says Osfi’s Zelmer
Leverage-only approach would set prudential rules back 50 years, warns senior Canadian regulator
Risk USA: Foreign banks cannot escape swap dealer status, warns CFTC's Barnett
The "day will come" when CFTC tries to ensure compliance by foreign banks that have not registered as swap dealers
SFO investigating 22 individuals over Libor, court hears
Ex-trader Tom Hayes allegedly conspired with 22 others
Credit Suisse poaches RBS's Nelte for Americas role
Credit Suisse hires Nelte for NYC
Asia OTC markets at risk from lack of global CCP framework
HKMA concerned over the development of cross-border equivalence regulation
Libor set to remain as benchmark rate for OTC derivative contracts
Legacy issues and the lack of alternative benchmarks mean Libor will remain the default benchmark of choice for OTC transactions
Insurers may be better off not separating non-traditional, non-insurance business, says top lawyer
Capital cost of restructuring may outweigh regulatory benefits under G-Sii proposals
Clearing in Europe won’t bite until 2015, banks expect
CFTC's Chilton says "continuing to kick the can down the road is just not acceptable", as expectations grow that Europe will miss 2014 start date
US Sifi process ‘stacked against insurers’ as Prudential Financial ends appeal
Decision 'unsurprising' say lawyers
Increased structured product sales reboot Asian dispersion market
Dispersion trades return to Asia but dealers say this time the risks involved are manageable
Shell unit seeks to register as swap dealer
Shell becomes second energy company to seek swap dealer status under Dodd-Frank
Lack of insurer management action plans exposes governance failings
Most European insurers do not hold Solvency II compliant documentation, finds survey
Econ chair Bowles calls for better ethics beyond banks
Accountants and lawyers also need to improve behavioural standards