News
Trichet bows out with new bond purchase scheme
Jean-Claude Trichet unveils a new covered bond purchase scheme; ECB governing council also agreed to hold interest rates and support Jörg Asmussen for governing council post
Non-execs do not understand consequences of Solvency II reporting, FSA warns
Head of prudential insurance policy also warns of potential widespread ignorance of Solvency II among analysts
EIB to sell 300 million carbon units
European Investment Bank plans to sell 300 million EU carbon allowances
BoE injects £75 billion to save stalling economy
Bank of England Monetary Policy Committee votes for further round of quantitative easing; increases size of asset purchase programme to £275 billion
Former hedge fund manager settles charges in Galleon insider-trading case
Former hedge fund manager Steven Fortuna will pay $300,000 to settle charges in the Galleon Management insider-trading case
Including global airlines in EU emissions scheme is legal, says EU court
Preliminary opinion of advocate-general says that US and Asian airlines cannot opt out of EU emissions trading next year
Update: Bouhara and Gouws out, Gudka also resigns as UBS cleans house
Dismissals are "a sign something was seriously wrong", says former senior UBS employee as bank admits operational and risk failings
Bank pension schemes compromised by Vickers report
The UK's Independent Commission on Banking proposals could have unintended consequences for financial services pension schemes
BlackRock: More reforms needed for ETFs, beyond just transparency
Statement is beginning of "a series of recommendations" from BlackRock on ETF market, says iShares head of sales
NIBC appoints new chief risk officer
Dutch bank NIBC appoints Petra van Hoeken as chief risk officer
US regulators ask DOE lab to study flash-crash forecasting tool
US regulators enlist Department of Energy computing power to analyse metric that aims to predict catastrophic market events
Allianz CRO: Industry and regulators 'in denial' over solvency levels
Allianz's Tom Wilson warns liquidity premium in discount rates is disguising effect of current market turmoil on life insurance balance sheets
Solvency II delay does not mean insurers can relax, says Montalvo
A delay to Solvency II implementation does not mean insurance firms can put preparations on hold, says Eiopa executive director
Solvency II modelling could cause systemic risk, industry warns
Industry experts warn uniform modelling under Solvency II could lead to risk contagion
Solvency II causing uncertainty for risk managers
Call for lobbying push on details of new regulations
Risk managers have been falling behind, forum hears
Risks have overtaken risk managers in the past 10 years, according to speakers and delegates at the Ferma forum
Financial Stability Board finalises Sifi measures
FSB settles on plan to tackle the 'too big to fail' problems posed by systemically important financial institutions; measures will be sent to G-20 summit in November
Delayed Basel trading book review will be broad, say supervisors
Basel Committee is expected to consider wide range of topics, including VAR, liquidity, CVA and the line between banking and trading books - but overall capital requirements are not likely to change
Washington watchdog sues SEC for destroying investigative files
Government watchdog CREW has sued the SEC and its chair Mary Schapiro for purging documents related to probes of suspected wrongdoing at financial institutions
Regulation not key driver for ERM within Nordics
ERM is being driven from within firms in the Nordic countries, according to survey results
FSA confirms delay of Solvency II implementation date for UK insurers
Financial Services Authority to extend internal model approval process by more than a year
CME names Gary Morsches as energy managing director
CME Group has appointed Gary Morsches as managing director of its global energy business
Trading positions - October 2011
Energy Risk catches up with the latest appointments, promotions and departures in global commodity markets
More obligations for energy firms under EU's MAD revisions
More obligations for energy firms under MAD revisions