News
Asia overtakes Europe as home to most millionaires, survey finds
Hong Kong sees world's fastest growth in population of wealthy individuals, according to BAML/Capgemini survey
Bank of America appoints new chief technology officer for GWIM unit
BofA has appointed David Reilly as its chief technology officer for its GWIM unit
Stockton retires from FRB
David Stockton will be retiring from the FRB ths year after 30 years of service
SEC appoints Lewis as director of RiskFin
The SEC appoints Craig Lewis as its chief economist and director of the risk, strategy and financial innovation division
Triffitt becomes risk director at KPMG in London
KPMG has appointed Giles Triffitt as risk director in its risk management division in London
Risk India: Tough regulation needed for 'quality' growth
Panel discussion focuses on the need to control fast-growing financial sector, and learn from regulatory conflicts in US and Europe
SEC accuses China Voice founder of fraud
The SEC has charged China Voice CFO and associates with fraud
SEC charges Madoff employee with fraud
Longtime Madoff employee Eric Lipkin is charged by SEC in connection with Madoff Ponzi scheme
FSA fines Bank of Scotland for mishandling customer complaints
The FSA has fined Bank of Scotland for mishandling customer complaints relating to retail investment products
Former Nasdaq director Johnson charged with insider trading
Ex-Nasdaq managing director Donald Johnson has been charged by the SEC with insider trading
Theye charged with multimillion-dollar Ponzi scheme
CFTC charges Austin man with defrauding investors in a multimillion-dollar Ponzi scheme
Egan and McGarry sentenced over $60 million fraud
Two New Yorkers have been handed prison terms for their part in a $60 million fraud
Criminal minds and increased surveillance
All you survey
LNG, shale impact on US nat gas: Rodney Malcolm, Citigroup
Citigroup commodities head Rodney Malcolm discusses the natural gas market, focusing on how liquefied natural gas (LNG) and shale gas production are likely to impact regional markets and the global gas market
CFTC defends clearing membership capital requirement
Commissioners argue open access is necessary, but might consider raising the $50 million minimum for CCP membership at the end of the consultation period
FSA: UK banks failing on money-laundering controls
Two banks under investigation and more could follow in crackdown on inadequate safeguards
iShares launches local currency emerging market debt ETF
iShares has listed an exchange-traded fund in London in response to institutional demand for access to emerging market bonds and currencies
Law firm Paul Hastings adds to leveraged finance team
Rich Farley joins from rival, Cahill Gordon & Reindel
Energy experts eye Dodd-Frank tech benefits
Data reporting systems may be far from Dodd-Frank friendly in the energy sector, but experts say users are likely to benefit once they are up and running
ICE Europe's commitment of traders reports welcomed by participants
ICE Futures Europe is publishing commitment of traders (COT) reports for its global commodity benchmark ICE Brent crude and ICE gas-oil futures
Dodd-Frank ready? Structure's Huxtable
More than 75% of energy companies are in “wait-and-see” mode or still assessing how Dodd-Frank regulation will affect their business, according to The Structure Group's Leonard Huxtable
US carbon outlook: John Melby, GreenX
John Melby of Green Exchange (GreenX) discusses the current carbon market in the US, the potential for international links in the future and the emergence of other environmental markets such as water
Cole: FCA will be more interventionist than FSA
Margaret Cole of the FSA tells participants at a CSFI event that a change in culture from the FSA to the FCA will allow for a more proactive regulator
Excessive capital requirements will make markets more chaotic – Myron Scholes
Nobel winning quant makes the case for market-making as a stabilising force and a source of returns