News
Commodities market data increasingly key: market players
Inside Market Data's experts discuss the evolving market for commodities data sets in commodities webcast
Greek reversion to drachma easier than euro conversion, say analysts
If Greece were to leave the eurozone it would have to establish a new currency in record time; analysts explain how the process would be simpler today due to technological advances
Video: Schroders HK chief bullish on development of offshore RMB bond market
Lieven Debruyne, chief executive of Schroder Investment Management (Hong Kong), is eyeing up opportunities in the dim sum bond market
Op risk will help determine bonuses, UBS promises
Ermotti promises culture that "safeguards and reinforces our reputation"
Tobam’s joint venture with FTSE set to open doors for ETF distribution
Tobam and FTSE have launched an index series based on diversification, offering a more risk-based view than the more traditional market cap weighting
EU member states want to use judgement to set buffer rules, says working paper
EU Polish presidency paper highlights concerns over aspects of the counter-cyclical capital buffer rules under CRD IV
Australia gives green light to covered bonds in Basel III liquidity drive
ANZ issues first Australian covered bond following government reforms; covered bonds seen as part of the solution to address liquidity shortage under Basel III
Riccardo Rebonato quits RBS for Pimco
Ex-head of front-office risk management and quantitative research will join Pimco on December 1 as head of rates and FX analytics
MF Global collapse should prompt rethink of CFTC rule on CCP membership, say dealers
The bankruptcy of MF Global should prompt the CFTC to reconsider the $50 million cap on minimum capital requirements set by CCPs on clearing members, say bankers
SEC whistleblowing project pulls in seven tips a day
Foreign tips about financial crime unexpectedly common, ex-regulator says
ANZ appoints new chief risk officer
Chief risk officer Chris Page to retire after 39 years in banking. ANZ names Nigel Williams as his successor
OCC seeking change to rating ban in Dodd-Frank, reveals Walsh
Banking regulator talking to Congress about altering the Dodd-Frank Act to allow a limited use of credit ratings
China's financial regulation 'needs improvement'
The World Bank's first assessment of the financial sector in China finds inadequacies in its regulation
On the move
On the move
Details of matching premium and treatment of EPIFP emerge in Commission paper
ABI says proposals are disappointing and the European Commission has ignored many of the industry's calls for change to Solvency II rules
Singapore looks to electricity futures market
Singapore is moving closer to the creation of an electricity futures market, according to comments made by the head of the national energy regulator.
Scoach brings after-hours trading to Hong Kong investors
Market participants in Hong Kong can now trade after hours on the Scoach platform in Germany, where issuers can also list Hong Kong dollar-denominated products
UK fraud whistleblowers need bounties, lawyers say
Legal experts have called for Dodd-Frank-style bounty provision for whistleblowers in the UK
Risk and compliance hiring in the Middle East is strengthening, say recruiters
Regulatory pressure and recognition of the importance of risk and compliance at firms is driving recruitment of executives from around the world into the Middle East
Australian regulator releases Basel III liquidity proposals
Australia's prudential regulator publishes discussion paper for liquidity reforms under Basel III. In addition, the Reserve Bank of Australia announces further details for its committed liquidity facility to address the liquidity shortage banks will face…
Avatar Capital adds CCDS brokerage team
Broker-dealer hires former Icap credit hybrids team
UK power chiefs call for more clarity on UK’s Electricity Market Reform
With the UK's power sector estimated to need some £200 billion ($317 billion) worth of investment in the next 10-15 years, much is riding on the Electricity Market Reform, which so far lacks detail, say top power executives
Hedge fund managers charged in connection with multi-billion dollar Ponzi scheme
Two hedge fund managers have been charged by the SEC with facilitating a multi-billion dollar Ponzi scheme
Political crisis in Europe brings volatility back to forex options
Volatility returned to eurodollar last week, as forex traders priced further downside risk into euro options