News
People: Deutsche Bank hires Houari to head equities structuring
Houari touches down at Deutsche
Sefs hit by Dodd-Frank disclosure rules
New trading platforms must enable dealers to make pre-trade disclosures – but industry doesn't know what information needs to be provided
Stiff competition in US ETF market forces closure of 40 funds
The big three providers in the US ETF market are consolidating their market share, while smaller firms are struggling
Latest delay to key Solvency II vote 'could threaten agreement on Omnibus II'
European Parliament plenary vote on Omnibus II will take place on November 20
Retail structured products pose systemic risk, concludes report
Retail structured products pose systemic risk, concludes report
RMB is gaining traction with corporates, Deutsche survey finds
Smaller companies can realise savings of nearly 5% when dealing with Chinese businesses by transacting in renminbi, says Deutsche Bank
UBS creates new chief risk officer role for Asia-Pacific
Hong Kong-based arm of the Swiss bank beefs up its Asia risk management capability
Industry split over Basel trading book review
Comment period ends on September 7, but banks are struggling to find common ground
Senior insurance executives do not understand economic capital models, KPMG survey finds
Ineffective use of economic capital frameworks 'could obscure true risk profile of firm'
Australia and EU carbon schemes to be linked, Australian carbon floor price dropped
Australia and the EU have made plans to link their carbon trading scheme from 2015 and Australia will drop its controversial carbon floor price.
UK banks reveal size of eurozone funding gaps
Banks reduce cross-border funding of peripheral eurozone assets in an attempt to mitigate redenomination risk - but funding gap still tops £10 billion for Spain
Barclays appoints new chief as bank faces two SFO investigations
Jenkins takes over at bank under scrutiny for Qatari fundraising and Libor rigging
Eurex looking to clear OTC derivatives from Asian clients within 12 months
Eurex is latest clearing house to enter Asian market
Expansion of LNG supply to South-east Asia could boost swaps market
As a number of regasification plants start to come online, pricing agencies are looking to offer a region-specific benchmark with the potential to drive up use of LNG swaps
Stressed VAR will hit forex options, dealers warn
Certain forex options and exotics penalised by Basel 2.5, including emerging market currencies and double no-touches
Industry slams 'unworkable' Esma proposals on indirect clearing
Clearing members would be forced to guarantee trades executed by their clients' clients - on terms the member firms have not agreed
RBC Investor Services chief sees growth opportunities following acquisition
José Placido, chief executive of the newly renamed RBC Investor Services, reveals his company's growth plans in an interview with Custody Risk
European parliament Econ chair confident on eurozone crisis resolution
Sharon Bowles, chair of the European parliament’s economic and monetary affairs committee, believes the end is in sight for the eurozone crisis. She is also positive on co-operation with US lawmakers.
Reprieve for dealers as CFTC extends business conduct deadline
Ten-week extension comes as welcome surprise to dealers, but industry still has concerns about timing and content of new rules
CFTC cross-border guidance a threat to ‘systemic stability’, say Asian regulators
Leading regulators from across Asia complain of the potentially negative impact of the US regulator’s latest proposals
US banking reports put compliance in the spotlight
Standard Chartered and HSBC attract attention for compliance failures
CME ready to fight for market share in Europe, says Sammann
CME Group's European exchange, set to begin trading foreign exchange futures next year, will offer a competitive alternative to other exchanges, says the group's head of forex and rates
Op risk function plays large part in new business approval, says survey
Operational risk managers are heavily involved in new business and change management, but play a less conspicuous role in the front office, according to an Operational Risk & Regulation survey
Anonymity for whistleblowers ‘may undermine programme’
Protecting whistleblowers is essential, says Sean McKessy, chief of the SEC's whistleblower programme