News
Basel and Dodd-Frank create arbitrage potential, say analysts
Removal of credit ratings under Dodd-Frank will create arbitrage opportunities – and is already being exploited by some US banks, research claims
Grensted parts company with LCH.Clearnet
The clearer's head of business development - and one of SwapClear's architects - left the firm today
Jean-Marc Bonnefous talks China and QE2
Jean-Marc Bonnefous, managing partner, Tellurian Capital Management, talks Chinese growth scenarios, quantitative easing, and their impact on commodity markets
Société Générale offers alternative to spread betting to UK and German markets
Société Générale's product is likely to be used by those who have lost out on spread betting or equity investors wanting to boost returns.
Credit markets people moves – July 2011
People news
Credit investors nervous over withdrawal of QE2
Credit investors nervous over withdrawal of US quantitative easing programmes
CBOE relaunches credit event binary options
CBOE relaunches credit event binary options
Iceland returns to market with $1bn 5yr deal
Iceland returns to market with $1bn 5yr deal
LGIM names new head of global rates
Nick Griffiths to join Legal & General Investment Management in September
Citi reverses stance on Lehman notes offering $136m group repurchase settlement
Citi has become the final major bank to reach a repurchase agreement with Hong Kong regulators on Lehman Brothers related structured products. But Lehman-related enforcement action is expected to rumble on.
HSBC lists physical Russia ETF as noise around swap-based ETFs grows louder
HSBC's head of ETFs says the bank has no plans to create swap-based products and there should be steps to make structures clearer to investors.
Pricing, Basel, Paulson & Co: the top stories of 2011 so far
A review of the top Risk.net stories during the first half of 2011
ETF providers hit back at 'hearsay' in the press and regulator concerns about synthetic ETFs
ETF providers have been angered by the continuing focus on synthetic ETFs by regulators such as the Bank of England and the IMF. But they are particularly concerned about the bad press coverage.
Merchant Capital rapidly expands its distribution arm with the addition of seven staff
Merchant Capital expands its distribution arm with the addition of seven staff
Daiwa Capital Markets appoints new head of secured financing
Christopher Owen joins investment banking arm of Daiwa Securities Group
Regulators may not have authority to delay Dodd-Frank, warn lawyers
Some lawyers claim the CFTC and SEC may not have power to delay enforcement of the Dodd-Frank Act – a grey area that could lead to disputes
Falling oil prices and Greek crisis a boon to carbon traders
Carbon allowance trading hits all-time high in June as analysts downgrade predicted average ETS Phase 3 price to €22 per tonne
European Parliament rejects Swinburne’s forex exemption
Crucial plenary vote on Emir on July 5 retains suggested amendments to recognise unique nature of FX derivatives, but strips out explicit calls for an exemption
GSAM chairman condemns "regulatory nonsense"
Efforts by Western regulators to monitor financial institutions are nonsensical and overambitious according to Jim O'Neill. He said emerging markets are the future of global economic growth.
Report recommends ways to tackle energy market manipulation
A new report has suggested a framework for identifying market manipulation, arguing further clarity will boost market liquidity
HSBC Global Asset Management appoints new Asia CIO
Bill Maldonado, who was a derivatives portfolio manager in the 1990s, is transferring from London to become chief investment officer for HSBC Global Asset Management in Asia
Portugal CDS spreads widen 22% following downgrade to junk
Downgrade triggers spread widening across the eurozone, including 10% leaps for France and Germany
Nigel Khakoo to leave Citi
US bank's global head of G-10 options trading has been made redundant
'Investor uncertainty' dampening new ETF investment in Europe
Events in peripheral Europe and slow growth in other developed markets have left many investors sitting on cash or maintaining current ETF positions