News
Deloitte appoints three experts to banking and securities team
Big Four firm names new head of regulatory practice and two directors
Zoellick to leave World Bank
President will step down at end of current term
Walter joins Ernst & Young
Former Basel Committee secretary-general returns to New York in regulatory consulting role
Japan FSA tightens fund rules to protect retail investors
Japanese regulator implements new rules to increase transparency of complex fund products such as double-deckers
Chan and Bakshi step in as Lee leaves Deutsche’s Asia structured products team
Susan Chan and Neha Bakshi take over structured products structuring and sales at Deutsche Bank in Asia following Chris Lee's departure
Europe has got it wrong on hedge fund capital charge – BlackRock
Capital charge should better reflect real risk of underlying assets, says asset manager, as survey finds insurers are looking to increase exposure to alternative assets
Harcourt appoints van Houten as head of risk
CRO of Swiss investment firm to leave in May
High sales prompt Finra to investigate certificates of deposit
After mass investor flight to the perceived safety of certificates of deposit, US regulator Finra plans to investigate quite how safe the investments are, especially those that include a derivative component
CFTC requests 50% increase in funding for 2013
White House resurrects idea of funding CFTC through fees paid by regulated firms
Clemons to head iShares EMEA capital markets
Blackrock subsidiary iShares has created the role of head of EMEA capital markets in anticipation of growth in European exchange-traded products
Nasdaq proposes new rules to challenge NYSE ETP dominance
Nasdaq is attempting to be a more competitive player in the exchange-traded products market by proposing new listing rules based on those of the New York Stock Exchange
Deposit-based structures dominate UK issuance as risk appetite shrinks
Investors are less likely to opt for exotic structures and underlying assets, UK distributors warn
Closing price uncertainty hits traders on Hong Kong Stock Exchange
Use of median calculated price and restrictions of trading capacity are causing problems for participants on the Hong Kong Stock Exchange
Basel DVA capital deduction could cost banks billions
Billions of dollars in capital could be excluded under Basel proposals on derivatives DVA - with US banks hardest hit
Latest turnover figures tell positive story for FX, say committee members
Steady volume rises in US and UK indicative of healthy state of foreign exchange markets
Lower interest rates to 'significantly impact' emerging markets currency debt performance
Amid a surge in demand for exposure to emerging markets currency debt from private investors, HSBC Private Bank prefers building structured products around Asian assets to emerging Europe
US product providers express relief as IRS eases Fatca implementation
The US Internal Revenue Service has announced an extension and modification to Foreign Account Tax Compliance Act compliance procedures, as well as an expansion in the range of financial institutions that will not have to enter into agreements with the…
Hedge fund manager charged in Galleon insider-trading case
Douglas Whitman illegally profited from tips on Google and Polycom, SEC says
Groupe Consultatif chair fuels concerns over Solvency II delays
Eurozone instability making application of harmonised Pillar 1 ‘difficult’
LCH.Clearnet’s ForexClear awaits regulatory approval
Forex clearing platform for NDFs is ready for launch, pending regulatory approval, LCH.Clearnet confirmed in its annual report
Shorter supply chains ease the effect of regulatory pressures on private banks
Shorter supply chains mean UK private banks will feel the effects of regulation less than retail banks
Del Missier: "status quo won't work" for long-dated trades
Dealers will have to change the way they approach long-dated derivatives business, says Barclays Capital’s Jerry del Missier
Pimco total return ETF will be tipping point for actively managed funds
Actively managed ETFs are becoming more and more popular with investors, and the launch of a big mutual fund strategy with an ETF wrapper by Pimco will be a watershed moment for the industry
European CCP group elects Eurex exec as new chair
Eurex's Marcus Zickwolff elected to chair European clearing house group