News
North American banks expect rise in internal fraud
US and Canadian banks expect internal fraud to increase
Asian Financial Forum: China and Hong Kong to collaborate more on cross-border access and cross-listings of ETFs, says CSRC chief
Hong Kong and Shanghai are set to more closely align clearing and settlement systems enabling the cross-listing of instruments such as exchange-traded funds. Meanwhile, the Chinese authorities plan to encourage state-owned enterprises to launch so-called…
Top 10 articles on Risk.net in 2010
A quick overview of the top ten articles across the whole of Risk.net in 2010 provides a roadmap of the year's main themes
Asian Financial Forum: Speculative capital a ‘greater risk' to Asia than global financial crisis
Speculative inflows into the region could present a greater threat to the region than the global financial crisis, according to senior regional government and regulatory officials attending the Asian Financial Forum in Hong Kong.
iShares European assets reach $100 billion
The interest in fixed-income and emerging markets ETFs last year helped to boost iShares AUM.
EC bail-in proposals could result in two-tier CDS market
EC bank resolution proposals could result in a bifurcation of the CDS market
Basel III will cause ‘financial Darwinism’: BaFin’s Sanio
Top German regulator Jochen Sanio says Basel III will squeeze weaker banks, spur formation of large banking groups that will pose more systemic risk
New CFTC documentation rules could force Isda master modifications
Proposed US rules might require changes to standardised global derivatives agreement
Ups and downs for eurozone CDSs
Mixed fortunes in CDS market as Spain and Italy see successful bond auctions
Barcap offers investors access to emerging market currencies
Barcap offers investors access to emerging market currencies
Barclays Capital loses two senior equity derivatives staff
Head of European flow and head of exotics depart in Barclays Capital downsizing.
EC: Prepare for FX clearing in US and EU
European Commission's Patrick Pearson says no member state has advocated an outright exemption for foreign exchange clearing
EBA plans new round of stress tests
New European Banking Authority announces second round of stress tests for European banks at opening meeting
Vietnam eyes 2015 Basel II introduction; fears over parallels with Nigeria
Vietnam is looking at a theoretical date of 2015 for Basel II, however, planned hikes in capital requirements are a cause for concern for some bankers.
CFTC presses on with position limits proposal
Concerns remain over position limits for commodity traders under Dodd-Frank Act as CFTC issues plan for public comment
Lloyds TSB tech failures show lack of investment in IT throughout industry
Tech failures reflect industry’s lack of back-office investment
CDSs on eurozone periphery fall for third day
In the wake of Portugal’s successful bond auction of almost €1.25 billion yesterday, credit default swaps (CDSs) on eurozone sovereigns continue to trade down
US-Europe decoupling a theme for 2011, says BNP Paribas credit research head
Weakness in Europe's banks will cause the region's credit markets to lag the US in the coming months, according to BNP Paribas' global head of credit research and strategy, Robert McAdie.
EBA, Esma and Eiopa appoint senior management
New European banking, securities and insurance regulators name their first chairs
Morgan Stanley bolsters China commodities business
Morgan Stanley has made a senior appointment in mainland China and received permission to trade agricultural products onshore in the country as part of the US investment bank’s efforts to grow its commodity business in the world’s second largest economy.
Industry fears Eiopa could “over-engineer” Solvency II
Insurers wary of new European standard setter’s legal powers
Gartmore deal boosts Henderson’s hedge fund business
Series of scandals at Gartmore results in fund giant being taken over by smaller rival
Portugal succeeds at auction but fails to sway analysts
Portugal sells $1.6 billion worth of government debt at auction, but commentators remain wary of fundamentals
Swiss Re calls for governments to issue longevity bonds
Leading provider of longevity derisking calls for governments to enter the market