News
In with Inès de Dinechin and out with Laurent Seyer at Lyxor
Laurent Seyer leaves Lyxor Asset Management for Axa Investment Management, where he will start as head of investment solutions in May. Seyer is replaced as Lyxor chief executive by Inès de Dinechin
Adoboli plea will complicate trial, say lawyers
'Not guilty' plea could be stalling tactic or attempt to spread guilt, lawyers say
Alternatively weighted risk premium indexes gain momentum
Index providers and fund managers who have tended to focus on performance are seeing demand from investors for strategy indexes that focus on risk
FSA outlines draft guidance on liquidity swap transactions
Guidelines require notification of deals and improved risk management processes
Sovereign risk adjustments adds to demand for bond ETFs
Sovereign risk in Europe has taken on a whole new meaning since the onset of the eurozone crisis, so ETF providers are having to adapt
Proshares ETFs offer Tips for protection
Proshares rolls out ETFs offering exposure to the difference in yield between Treasuries and TIPS
Czech central bank concerned over Esma's power
National supervisors should be responsible for their domestic institutions, says Czech National Bank
Banks' AML procedures struggling under regulatory change
Experts warn that banks are unable to keep their AML programmes up to speed because of changes in regulation
Seaton to head prime brokerage for Asia-Pacific at BAML
Graham Seaton relocates from Sydney to Hong Kong
EC right to block Deutsche Börse-NYSE Euronext deal – Icap's Spencer
Allowing the German and US exchanges to merge would have created a monopoly in European futures markets, says Icap’s chief executive – who also criticises CME Group's dominance of US futures
Record fine for fraudulent CEO 'not enough', says expert
FSA fine for ex-JC FLowers chief executive 'does not show credible deterrence'
Esma aims for the middle ground with draft ETF guidelines
European Securities and Markets Authority reveals its long-awaited consultation paper on Ucits exchange-traded funds
Former Thomson Reuters risk business on the lookout for acquisitions, says CEO
Thomson Reuters completes the sale of its trade and risk management business to Vista Equity Partners, and the new company – called Turaz – already has its eye on acquisitions, says chief executive Bret Bolin
Cash-rich insurers eye loan books of de-leveraging European banks
Cash-rich insurers eye loan books of de-leveraging European banks
Structured products linked to real assets and credit back on the menu in Italy
The Italian structured products market is seeing a pick-up as institutional investors demand exposure to physical assets and credit
Swedish regulator eyes blanket ban on distribution fees
The ban on distribution fees being considered in Sweden could "substantially" affect the country’s retail structured products market, warn market participants
FSA guidance on liquidity swaps imminent following meeting with banks and insurers
FSA guidance on liquidity swaps imminent following meeting with banks and insurers
On the move
On the move
Neviaski named as CEO at GDF Suez Trading
Edouard Neviaski will begin his role as chief executive at GDF Suez Trading
Nordic region sees surge in demand for credit and commodity-linked products
Tough equity markets are driving increased demand for credit exposure and cross-asset baskets in the Nordic region, where a stronger risk appetite is in evidence
Arguments on artificial volatility dampeners must focus on fundamentals, warns Skinner
Arguments on artificial volatility dampeners must focus on fundamentals if political consensus is to be reached, warns Skinner
Internal fraud will rise in 2012, experts warn
Internal fraud is on the increase in the face of downsizing and recession, according to industry experts
Near-record fines indicate FSA's harsh approach to market abuse
Latest fines include second-highest individual market abuse penalty so far
Adoboli pleads 'not guilty' to UBS fraud charges
Alleged 'rogue trader' enters plea at third hearing