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Apra wants firms’ op risk loss data
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Spike in equity volatility causes pain
A spike in equity volatility last month has caused anxiety among equity derivatives dealers, many of which were short volatility, and raised fears that a prolonged increase could generate hefty mark-to-market losses in equity derivatives trading books.
Lloyds TSB makes more derivatives hires
Lloyds TSB has added four senior staff to its London derivatives team.
Bank of England and ECB act to boost markets
The Bank of England (BOE) and the European Central Bank (ECB) both left interest rates unchanged, but eased liquidity supply as the credit squeeze continued today.
World Trade Center incentives to stay in place
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US regulators encourage loss-mitigation strategies
Six US regulatory agencies have called for more loss-mitigation strategies to prevent homeowner defaults on mortgages. In a joint statement released yesterday they said that all regulated financial institutions that service mortgage loans should take…
SG CIB appoints global head of export finance
Société Générale Corporate and Investment Banking (SG CIB) has appointed Denis Stas de Richelle as global head of export finance. He has replaced Frédéric Genet, who has become senior banker within the corporates, institutions and advisory division.
Derivative Fitch appoints New York head
Richard Hrvatin has joined Derivative Fitch's quantitative structured credit innovation (Q-SCI) team to head the New York arm of the group.
Banks’ compliance costs remain high, says survey
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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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