News
Emisphere recruits chief financial officer
New York-based biopharmaceutical company Emisphere Technologies has hired former Ernst and Young derivatives specialist Elliot Maza as chief financial officer. He will be responsible for leading the company's effort in financial operations, planning and…
Regulation to hit UK insurers for £15bn with little tangible gain
New risk-based regulation will cost the UK insurance industry between £10 billion and £15 billion, with tangible benefits measured at less than £1 billion, according to a cost-benefit analysis conducted by the UK's chief financial watchdog, the Financial…
Sector roundup
Sectors
Regulation to hit UK insurers for £15bn with little tangible gain
New risk-based regulation will cost the UK insurance industry between £10 billion and £15 billion, with tangible benefits measured at less than £1 billion, according to a cost-benefit analysis conducted by the UK’s chief financial watchdog, the Financial…
Canada tightens derivatives disclosure regulation
The Canadian Securities Administrators (CSA) has approved new rules designed to more adequately cover certain derivatives transactions.
Caterpillar chooses SuperDerivatives for forex hedging
Caterpillar, the US-based manufacturer of construction machinery, has bought the SuperDerivatives system for pricing foreign exchange options.
Wells Fargo signs up to Calypso
Wells Fargo will use Calypso Technology transaction and processing software to support its interest rate derivatives trading desk in San Francisco, said Calypso and bank officials.
FSA director to chair Joint Forum
UK financial regulator the Financial Services Authority’s director of markets, Gay Huey Evans, will take over the chairmanship of the Joint Forum in January. She succeeds José María Roldán, general director of financial regulation at the Bank of Spain,…
Stockholmsborsen fills derivatives post internally
Henrik Paulsson has been promoted to the post of president of derivatives markets at Swedish equities and derivatives market-place Stockholmborsen, part of the combined Nordic securities market OMHEX.
Letter to the editor
news
Bear expands credit
people news
DTCC and Swapswire launch CDS services
technology news
Australia's credit market booming
New angles
Green light for merger of Den Norske and Gjensidige Nor
The Norwegian government has given the go-ahead for a merger of two of the country’s largest financial institutions, Den Norske Bank and Gjensidige Nor. The new company will be called DnB Nor.
Canada tightens derivatives disclosure regulation
The Canadian Securities Administrators (CSA) has approved new rules designed to more adequately cover certain derivatives transactions.
Wachovia picks Centerprise for Operational Risk Management
Wachovia Corporation has selected Centerprise Services for the North Carolina-based bank's firm-wide operational risk management services.