News
Moon rises over StormHarbour
Moon rises over StormHarbour
Jefferies hires Japan fixed income head
Jefferies hires Japan fixed income head
Is Butterworth the money at State Street?
Is Butterworth the money at State Street?
Van Kan the man for BNP Paribas
Van Kan the man for BNP Paribas
Investec new home for Lloyds leavers
Investec new home for Lloyds leavers
HSBC hires new trading heads for high yield and loans
HSBC hires new trading heads for high yield and loans
Aviva adds senior analysts to London team
Aviva adds senior analysts to London team
Oric and ORX in talks regarding possible merger
Oric and ORX have been in talks for more than a year regarding a possible merger of their operational risk data platforms
Sovereign risk shakes confidence in high yield new issues
Trading talk: June 2011
Only 15% of financial institutions have management information resources in place
Firms do not have MI risk programmes in place to deal with upcoming regulations, according to a report by think-tank JWG
Ease of bank switching could cause systemic risk
Meeting consumers' demands for easier bank account switching could increase the risk of a bank run, insiders fear
Credit Suisse names Jewell-Tait as head of private banking for Australia
The Swiss banks names Edward Jewell-Tait as its Australian private banking head and says it will continue to add more senior bankers in Australia to strengthen its business in the market.
Comparability of EBA stress tests questioned
The ability of banks to use their own internal models for determining stressed PDs and LGDs mean the results will not be comparable, bankers claim
People moves
Herzberg joins BTG Pactual as equity trading head
CCPs object to ‘misleading’ Emir collateral clause
CCPs object to Emir collateral clause
Half of interest rate swaps now being cleared, says Isda
$601 trillion notional OTC figure reduced to $0.9 trillion gross value after netting, collateral
Stoxx indexes offer investors enhanced access to infrastructure sector
Stoxx has launched an index that provides investors with enhanced exposure to infrastructure, the alternative asset class that has increased in popularity among investors with its stable returns in the medium to long term
Energy Risk USA: could anti-manipulation rule curb energy activity?
Dodd-Frank manipulation rules could “chill” energy market and boost regulatory infrastructure costs: ER USA panel
US banks may lose sovereign clients over margin rules
US banks may lose sovereign clients over Dodd-Frank margin posting rules
LPR Nordics: Sampension hits back at guarantee switch critics
The CEO of the Danish pension fund mounts a robust defence of his decision to remove the legal basis of its product guarantees
LPR Nordics: Danish FSA warns industry against Solvency II "compliance exercise"
Top Danish insurance and pensions regulator uses Life & Pension Risk Nordic conference to caution firms not to treat new regulation as a box-ticking exercise - or to rely on delays
Deutsche considered Autobahn spin-off in bid for Sef status
Dodd-Frank caused Deutsche to look at reinventing its Autobahn platform as a Sef – but dealers now see a future for their platforms as price aggregators
Acquisition boosts awareness of carbon capture and storage
2Co takeover of Powerfuel could improve profile of carbon capture and storage
Isda chairman: US banks could be hamstrung by Dodd-Frank
Isda chairman warns House Committee on Agriculture that extraterritorial application of swaps proposals could make US banks less competitive