News
On the move
On the move
Trading positions – July 2012
Energy Risk catches up with the latest appointments, promotions and departures in global commodity markets
Future of European shale gas market on shaky ground?
Future of European shale gas market on shaky ground?
Duke-Progress deal a win for alliances, nuclear power
Duke-Progress deal a win for alliances, nuclear power
WGMR margin rules borrow heavily from US proposals
Working group publishes proposed margin rules for uncleared trades – bringing global rules in line with an earlier US proposal
Asia private banking market spurs demand for bespoke structured products
An increasingly savvy investor base in Asia is paving the way towards a more customised and managed approach to structured products aimed at private banking investors
New S&P Dow Jones venture to compete with banks not index providers
Merger of S&P Indices and Dow Jones Indexes will fuel more competition with banks than other index providers, say market participants
Time running out for Omnibus II negotiations as latest trilogue fails to find agreement
Further trilogue scheduled as policy-makers seek compromise on package for long-term products before summer recess
Swiss structured product turnover falls by nearly half compared to 2011
Turnover of structured products and warrants listed on the Scoach exchange falls more than 40% in the first half of 2012 compared to the same period last year. Industry figures blame increased risk aversion and a rise in OTC trading activity
JP Morgan probe highlights Ferc power trading crackdown
A lawsuit filed against JP Morgan by the Federal Energy Regulatory Commission is the latest example of the agency's tough, new enforcement stance
OpRisk Europe 2012: Video
Highlights of the keynote speeches and discussions from this year's London conference
ANZ launches China-centric commodity index
Australian bank unveils commodity index in bid to better reflect China market influence
Prices diverge as CVA exemption remains in limbo
Dealers face pricing headache as they wait to see whether Europe's version of Basel III will exempt corporate customers from the CVA capital charge
Oxford Publishing settlement underlines Bribery Act doubts
A year on, still no high-profile prosecutions
Australia’s carbon scheme subject to political risk
Australia’s carbon scheme takes it first step but future development remains uncertain due to political risk.
S$1.5bn capital requirement no bar to incorporating Singapore retail operations
The attractions of Singapore’s retail market means MAS’s requirement for international banks to incorporate their local operations will be adhered to
Insurers’ remuneration will become more risk-sensitive, says incoming Bupa finance chief
Risk management still immature at many firms, warns Evelyn Bourke
Bank of England’s Tucker asks to appear before Libor inquiry
BoE deputy governor asks to appear “as soon as possible” following calls for the Bank to explain Diamond conversation
Bullish NRI investors drive search for higher yield
Non-residential Indian investors bullish on high-yield strategies and leverage plays in Hong Kong and Singapore as they seek alternatives that can enhance returns
Attacks – and regulatory change – threaten system stability, Coleman says
Systemic stability is a key concern, but it could be at risk from regulatory reform as well as direct attack, NY Fed op risk chief warns
Luxury goods stocks continue to sparkle in Switzerland
Deutsche Bank says the luxury goods sector is especially promising in the current financial climate, while Bank Vontobel in Switzerland has launched its fifth structured product based on a basket of luxury and fashion goods
Jerry del Missier resigns in wake of Libor scandal
Barclays COO and long-time derivatives industry figure steps down hours after resignation of chief executive Bob Diamond
Update: EC publishes Prips regulation
As Europe's structured products professionals await the publication of the final version of the European Commission's Packaged Retail Investment Products regulation, the debate about what it should and should not include still rages
FSA fears 'tick-box' approach to risk management as insurers focus on Solvency II capital requirements
Companies will not receive any more guidance from FSA on Orsa development