News
Return to Glass-Steagall essential: Kansas City Fed’s Hoenig
Kansas City Federal Reserve president Thomas Hoenig says reform only scratches the surface without basic separation of investment, commercial banking activity for biggest banks
Lehman shortcut could slash value of derivatives claims
Proposed derivatives settlement framework may knock billions of dollars off dealers’ derivatives claims against the bankrupt estate
China leads the way as UK structured product providers try new underlyings
China leads the way as UK structured product providers try new underlyings
Middle East risk perceptions continue to rise
CDS spreads in the Middle East and eurozone are increasing as the price of oil spikes
UK assets in retail ETFs more than double that of a year ago, says iShares
The number of retail investors using ETFs is rising fast, boosted by regulatory initiatives such as the Retail Distribution Review and greater product knowledge among financial advisers.
Muted demand in Hong Kong for renminbi-denominated structured notes
Muted demand in Hong Kong for renminbi-denominated structured notes
World's first leveraged loan ETF will launch on New York Stock Exchange
Powershares expects leveraged loan ETF to appeal to mutual funds, hedge funds and individual investors.
Powershares list 39 ETFs on Bolsa Mexicana
Invesco PowerShares aims to tap potential in Mexico's institutional and high-net-worth markets.
Walia joins DTCC as equity risk head
Citi Americas investment risk head moves to New York clearer
Dealers fear client data leaks via repositories and regulators
Names of derivatives counterparties and deal details could wind up in the public domain, unless regulators are bound by data controls, industry argues
Netherlands heralded as next longevity market
An €11 billion increase in the liabilities of the top four Dutch pension funds owing to life expectancy improvements could see a longevity swap deal agreed in the Netherlands
S&P index takes Vix methodology to Hong Kong
S&P index takes Vix methodology to Hong Kong
'Democratic deficit' at new UK regulators worries industry
British Bankers' Association concerned over lack of accountability for new bodies
FSA's Ross to join Esma
Head of international division moves to European market regulator
Spreading protests send Moroccan CDSs higher
Risk perceptions still climbing across Middle East
Solvency II to cause regulatory arbitrage in Asia
A two-tier regulatory market could develop across Asian insurance sectors as Solvency II capital requirements for European insurers will cause them to lose out to domestic competition
Swiss private bank UBP names Repkow chief executive for Asia-Pacific
Union Bancaire Privée has hired Stephan Repkow as its chief executive for Asia as the bank places the Asia-Pacific at the heart of its development plans.
South African investors turn to Australian dollar in search for yields
South African investors bank on Australian dollar
Emerging market corporates ripe for investment, says Amundi’s Crosnier
Laurent Crosnier, chief investment officer at asset manager Amundi in London, looks to emerging market corporates for returns.
Deutsche Bank's securities and exchange-trading operations banned in Korea for six months
Deutsche Bank's securities and exchange-trading operations have received a six-month ban in Korea for making 44.87 billion won ($40 million) in ‘illegal profits’ from market manipulation, following an investigation by Korean regulators; prosecution of…
Legal patchwork inhibits progress on derivatives counterparty disclosure
New regulatory fixes only a partial solution as industry anticipates jurisdiction shopping by secretive clients
€100 billion of caja loans could go bad: Bank of Spain
Bank of Spain releases details of savings banks’ exposures to real estate sector, levels of provisions; says reforms have addressed slew of underlying problems
Algorithmic trading will come to coal and natural gas, says exchange president
When coal and gas futures reach the liquidity levels of oil, algorithmic traders will enter the marketplace
RBC gets new European credit trading head
Ian Pearce leaves UBS after 10 years to take up new role with Canadian bank.