News
Italian register of fee-only advisers could change retail investment landscape
The register of fee-only advisers soon to be introduced in the Italian market could drive more investors towards listed products
Isda AGM: industry fears post-trade transparency effects
Panellists discussed the blow-back the proposed 15-minute block-trade rule could have for end-users, as well as real-time trade transparency regulatory co-ordination
Taiwanese banks exposed to domestic property and China risks, says Fitch
Fitch Ratings believes the cost of funding for Taiwanese banks could jump nearly 200 basis points should Taiwan or China property prices fall sharply. The country's banks are also prone to any slowdown in global economic growth.
FSB concerned about counterparty and liquidity risk in ETF market
FSB warns of counterparty risk due to rapid growth of synthetic ETF market; also expresses concern about on-demand liquidity in stressed conditions, particularly linked with vertically integrated providers.
S&P to introduce Vix concept to global markets
The index provider will provide investors in Australia, Canada and India with real-time volatility indexes this year
Isda AGM: Fed letters 'not a waste of time', banks argue
Industry defends decision to set up recently sidelined TriOptima rates repository and argues voluntary commitments have value
Société Générale boards volatility bandwagon
Société Générale boards volatility bandwagon
Nomura names Adair and Dolan to replace Bouzouba as heads of equities for Asia
Nomura has named John Adair and Paul Dolan as co-head of equities for Asia to replace Rachid Bouzouba, who has left the Japanese securities dealer.
RBS index taps Mongolian growth potential
RBS index taps Mongolian growth potential
HKMA warns on US dollar funding risk from China corporate lending
Hong Kong branches of Chinese commercial banks are increasingly lending US dollars to state-backed enterprises. The surge in dollar demand from Chinese corporates comes as lending is squeezed onshore by Beijing's efforts to limit the credit growth of…
Isda AGM: CCPs 'thinly capitalised' warns UniCredit's Mustier
In addition to margin requirements, UniCredit's head of corporate and investment banking argues clearing houses might need more capital
Finra and Wall Street dismiss law firm's criticism of UBS case
Finra and Wall Street dismiss law firm's criticism of UBS case
US debt vote causing credit market uncertainty, says LGIMA
Legal & General Investment Management America’s head of fixed income, John Bender, says decision on whether to raise debt ceiling could have wider implications
Isda AGM: 2011 Margin Survey shows decrease in collateral agreements
Survey released today in Prague also shows increases in portfolio reconciliation
UBS bolsters structured products capabilities with acquisition of Luxembourg Financial Group
UBS has beefed up its structured products offering in Europe with the €25 million acquisition of Luxembourg Financial Group, bringing with it chief executive Johan Groothaert
Isda AGM: dealers, CCPs debate risks of lowering bar to entry
Weaker clearing members could be overstretched by a crisis, dealers warn - but LCH.Clearnet and CME differ on the risk of wider access
Video: Tsuyoshi Oyama on the conflicted role of central banks post crisis
Bank of Japan veteran and Deloitte Touche Tohmatsu partner, Tsuyoshi Oyama, discusses the changed role of central banks post-global financial crisis and potential conflicts with their new role.
Non-US sovereigns should collateralise swaps, say US bank regulators
Progress towards sovereign collateral posting has been slow. Now, US regulators are proposing to make it mandatory - for all non-US entities
Isda AGM: Esma committed to G-20 clearing deadline, says Maijoor
New authority will conduct cost-benefit analysis to decide which derivatives should be cleared - but G-20 deadline is not negotiable, says Esma chair in first public speech
Risk governance biggest area of change for firms, says E&Y report
Ernst & Young's industry survey shows firms have made some improvements to risk governance and transparency, but more work still needed
Capital gains tax provisions on QFII stalk China A-share ETFs
Fund managers active in offshore-listed China A-share ETFs say a 10% provision set aside for capital gains tax on A-share trading related to P-note issues is increasing tracking error for some funds. Meanwhile, others are ignoring the tax risk altogether…
Isda AGM: clearing regionalisation comes with costs, warn Shirvani and O'Connor
Outgoing and incoming Isda chairs warn multiple CCPs with divergent standards will threaten market liquidity
Isda AGM: regulators must work together to avoid fragmented market, warns Credit Suisse’s Rohner
Institutions will be weaker and markets will be riskier if new rules vary between jurisdictions, Credit Suisse vice-chair warns