News
Senior JP Morgan energy trader departs
London-based head of European gas and power trading said to leave for BTG Pactual
New Danish solvency rules ‘will increase capital requirements’
Sampension CFO says simplifications welcome but standardisation has drawbacks
Covered bond industry protests against Esma clearing push
Esma has ignored calls to exempt covered bond vehicles from clearing, to the dismay of issuers
Prudential Financial’s Sifi appeal casts doubt on US G-Sii powers
Disconnection between domestic and international Sifi processes means regulators could lack legal power to enforce G-Sii measures in some cases
Cantab employs former Lansdowne COO
People moves
Double trade reporting burden for international banks in Hong Kong
The launch of an interim trade reporting service last week by the Hong Kong Monetary Authority has prompted complaints from banks over excessive operational requirements
Forex Sefs worry clients could be driven to non-Sef rivals
Multi-dealer platforms have to register as Sefs - but clients could choose to use other venues and avoid extra legal work
Americas Awards 2013 winners enjoy NY reception
Photo gallery of winners and guests for Hedge Funds Review Americas Awards 2013 enjoy the evening reception held in New York City
Photo gallery: Long-term performance awards (single manager funds)
Americas Awards 2013
Photo gallery: Qualitative awards Americas Awards 2013
Americas Awards 2013
Photo gallery: Americas Awards 2013 performance awards (funds of hedge funds)
Americas Awards 2013
Eurex, CME and NYSE Liffe weigh long-dated inflation futures
Pension funds look for alternatives to OTC inflation swaps, as clearing services remain on the drawing board
Detroit prepares for court hearing on swaps termination
Court will rule on compromise agreement between bankrupt city and swaps counterparties
Insurer participation in testing European project bond debut ‘exceeds expectations’
Long maturities and improved rating lure firms into Spanish gas scheme bonds
Cross-margining at CME slowed by practical challenges
Only two FCMs are currently offering margin offsets between interest rate swaps and futures at CME
WTI rally offers limited upside to oil producers, say analysts
WTI rally may be short-lived, say analysts, while impact of backwardation is likely to be felt more strongly
Banks still battling with sales-driven culture, survey finds
Latest EY risk management survey finds risk culture questions remain
Basel III counterparty credit risk approach unsuitable for low-volatility Asian currencies
Low volatility among some Asian currencies results in overly prudent risk analysis
Ferc targets power market gaming with JP Morgan fine
Record $410 million settlement demonstrates zero-tolerance approach towards exploitation of market design flaws
Supervisors to assess whether new powers needed to impose capital charge on G-Siis
US state regulators warn of ‘two-tier’ system developing
CFTC-SEC cross-border split could 'tarnish' US swap markets
Regulators "going in two different directions" says Republican senator – and may face fresh calls to be merged
Dutch insurers tackle regulator on solvency impact of France downgrade
Drop in ECB AAA curve will also affect German insurers’ guarantees reserves