News
FSA guidance framework in force from today
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UK extends Mifid deadline
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Latin American securitisation thrives
Securitisation in the Latin American market has grown over the past five years, but the market is still in its infancy, according to the latest Bank for International Settlements (BIS) quarterly review.
Credit funds: Behind the rhetoric
As fund after fund succumbs to emergency measures to halt redemptions, shore up funding or sell off structured credit assets, the terms used to describe them are too often blurred and confused.
Standard Bank names new commodities trading head
Arvind Hariharan has joined Standard Bank as global head of the bank’s commodities hybrids and structured derivatives trading team.
Liffe lists JP Morgan index future on Bclear
JP Morgan and London-based derivatives exchange Liffe are pairing to launch a bespoke index future on Liffe's Bclear platform on September 10.
Monster.com data theft “worse than predicted”
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GCC banks behind on Basel II requirements
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Critics dismiss calls for global financial regulation
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Gaz de France and Suez agree merger
The boards of French utilities Gaz de France and Suez have reached an agreement to merge. The merger, in negotiation since February 2006, will create the world’s third largest utility company, GDF Suez, with market capitalisation of around €90 billion…
Financial Objects updates op risk solution
Software provider Financial Objects has launched an updated and enhanced operational risk management solution.
Fortis names new Belgium chief executive
Fortis Investments has appointed Olivier Lafont as chief executive for Belgium.
Putnam and Lefebvre leave NYSE Euronext
Two senior executives have left NYSE Euronext as the company continues its post-merger shakeout.
Bernanke: Increasing risk premiums “probably healthy”
An increase in the premiums investors require to take risk is probably a healthy development, said US Federal Reserve chairman Ben Bernanke.
Sachsen LB board overhauled
In the wake of a takeover agreement with Landesbank Baden-Württemberg, the chairman of Sachsen LB's board of directors, Herbert Süß, has resigned effective from September 15 2007.
No sign of immediate end to volatility rollercoaster
Moves by central banks to inject liquidity into the troubled financial markets have been welcomed by investors, but grounds for pessimism still persist in the form of ratings actions on SIV-lite deals