News
European capital rules could squash CVA feedback loop
European capital rules could squash CVA feedback loop
Eurex to offer full segregation in March launch of OTC clearing
Eurex Clearing plans to be the first OTC clearer to offer full segregation of collateral when it launches in March - demand has risen since MF Global collapse
New Prime Finance panel could tackle debt crisis disputes
An arbitration panel set up to tackle derivatives disputes could also tackle eurozone debt crisis issues, says Jeffrey Golden, architect of the Isda master agreement
People: SG CIB promotes Mianné and Fields
Mianné lands the deputy CEO role at SG CIB, with Fields replacing him as head of global markets - but the bank loses David Knott; JP Morgan's Zubrow gets regulatory affairs post; Jotwani leaves Nomura, with Ashley and Assi promoted
US omitted from second wave of equivalence assessments
New approach needed for US, says European Commission, as seven countries identified for assessment
Top CROs worry about Basel III consistency
A new research report published this month by Risk reveals that CROs at the world’s largest banks are worried about the consistency of Basel III rules
UBS chairman steps down
Kaspar Villiger will leave the bank in May
UBS could 'get slammed' by FSA enforcement investigation
The FSA announces commencement of its formal investigation that could see UBS 'get slammed', according to one legal expert
Former MF Global CRO Stockman a 'yes man', Congress charges
Stockman hired after Roseman dismissed for raising liquidity risk concerns, a congressional committee hears
Eiopa chairman raises concerns over Solvency II delays
Bernardino urges rapid vote on Omnibus II and a clear Solvency II timetable
Icap’s forex e-trading platform to offer outright forwards
Icap’s forex spot and NDF electronic platform, EBS, is looking to diversify into outright forwards and other services this year
In with Inès de Dinechin and out with Laurent Seyer at Lyxor
Laurent Seyer leaves Lyxor Asset Management for Axa Investment Management, where he will start as head of investment solutions in May. Seyer is replaced as Lyxor chief executive by Inès de Dinechin
Adoboli plea will complicate trial, say lawyers
'Not guilty' plea could be stalling tactic or attempt to spread guilt, lawyers say
Alternatively weighted risk premium indexes gain momentum
Index providers and fund managers who have tended to focus on performance are seeing demand from investors for strategy indexes that focus on risk
FSA outlines draft guidance on liquidity swap transactions
Guidelines require notification of deals and improved risk management processes
Sovereign risk adjustments adds to demand for bond ETFs
Sovereign risk in Europe has taken on a whole new meaning since the onset of the eurozone crisis, so ETF providers are having to adapt
Proshares ETFs offer Tips for protection
Proshares rolls out ETFs offering exposure to the difference in yield between Treasuries and TIPS
Czech central bank concerned over Esma's power
National supervisors should be responsible for their domestic institutions, says Czech National Bank
Banks' AML procedures struggling under regulatory change
Experts warn that banks are unable to keep their AML programmes up to speed because of changes in regulation
Seaton to head prime brokerage for Asia-Pacific at BAML
Graham Seaton relocates from Sydney to Hong Kong
EC right to block Deutsche Börse-NYSE Euronext deal – Icap's Spencer
Allowing the German and US exchanges to merge would have created a monopoly in European futures markets, says Icap’s chief executive – who also criticises CME Group's dominance of US futures
Record fine for fraudulent CEO 'not enough', says expert
FSA fine for ex-JC FLowers chief executive 'does not show credible deterrence'
Esma aims for the middle ground with draft ETF guidelines
European Securities and Markets Authority reveals its long-awaited consultation paper on Ucits exchange-traded funds
Former Thomson Reuters risk business on the lookout for acquisitions, says CEO
Thomson Reuters completes the sale of its trade and risk management business to Vista Equity Partners, and the new company – called Turaz – already has its eye on acquisitions, says chief executive Bret Bolin