News
Change at top as Citi sees writedowns
Citi yesterday confirmed the retirement of Charles Prince, the US bank's chairman and chief executive officer.
Short iTraxx funds begin trading
Three exchange-traded funds (ETFs) based on the total return of short European credit derivatives index positions begin trading this week.
Basel II Capital Rule final rule approved by OCC and OTS
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Lehman Brothers signs up to Boat
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LSE launches last-minute defence before Mifid launch
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US agencies tighten rules over identity theft
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FSA to supervise Payment Services Directive
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Garth Hinton joins RiskBusiness
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FSA finds room for improvement in op risk practices
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Non-compliant firms will suffer post-Mifid
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Risk scenarios must take impact of climate change into account
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Amaranth denied by court
A New York judge has denied Amaranth Advisors’ request to prevent the Federal Energy Regulatory Commission (Ferc) from pursuing legal action against it while it was being sued by another federal agency.
Correlation funds pitched following hedging woes
Credit managers are expanding strategies playing on changes in correlation and relative value, which were calamitous for the hedging strategies of some dealers and investors during July and August.
Primary markets revival delayed as bank announcements drive jitters
Investors will be hoping the worst is behind them as banks reveal extent of subprime losses
Banks devise 'super conduit' in bid to save Sivs market
Can rescue fund M-Lec bring much-needed liquidity, or is it a temporary measure destined to fail?
Russia reels from liquidity crisis
Central bank lowers minimum reserve requirements in a bid to buoy up vulnerable banks