News
RBS offers leveraged play on Italian government bonds
RBS product links to Italian government bonds
‘Bizarre’ $555bn derivatives lawsuit in India rumbles on
Litigation claims fraud perpetrated by foreign banks and the RBI
Basel III should aim higher on capital targets, says Bank of England
Discussion paper published by Bank of England and co-authored by external rate-setter David Miles suggests Basel III common equity requirements are too low
FCIC report: the major findings
Risk summarises the major conclusions from the commission report
Energy players expect further market fragmentation
Energy market fragmentation is likely to continue as larger players scale back their activities under Dodd-Frank
Eurozone CDSs widen, but no loss of market confidence, says Fitch
Report says EMU credit default swap volatility due to lack of certainty over future debt market conditions
Capital rules for CCP exposures could make clearing costs punitive, dealers conclude
New Basel risk weighting must be reduced, industry says
FCIC report: US crisis inquiry splits along party lines
Republican members of panel issue two inconsistent dissenting reports
Dealers at odds with CME over use of third-party marks
One major dealer says it may reassess CME membership, while others also raise concerns about the CCP’s willingness to allow clearing members to use third-party marks
Deutsche Bank launches hedge fund ETF in London
Deutsche Bank's London-listed ETF provides access to the returns of real hedge funds rather than a replication strategy
Nomura appoints new US head of high yield
Sandor Hau is new MD of high yield and distressed credit at Nomura
New high yield syndicate manager for BNP Paribas
Stan Hartman is the bank's new head of high yield syndicate, based in London
CSRC to ban QFII quota use for China derivatives; ETF providers hit
The CSRC plans to ban derivatives dealers from using QFII quotas to on-sell derivatives mirroring CSI 300 index futures contracts to offshore clients. The move looks set to challenge ETF fund managers when hedging China index-tracking funds.
Commissioners voice mounting alarm over 'seriously strained' CFTC budget
Dunn joins O’Malia in calling for additional funding for regulator
LCH.Clearnet 'shocked' at Dodd-Frank capital requirement
Firm might not be able to live with 99% reduction in minimum capital requirement under Dodd-Frank Act, says chief executive
IIF’s Oudéa calls for G-20 taskforce for cross-border resolution
Institute for International Finance’s Frédéric Oudéa says G-20 taskforce will stir up political will for agreement on cross-border resolution
Egyptian CDS spreads widen as protests continue
Risk perceptions on Egypt and Tunisia increase again, while eurozone experiences mixed day
TriOptima names new EMEA and Asia heads
Trade compression company appoints new heads for regional businesses.
Operational risk to reduce Iraqi oil supply and exports
Iraq, one of the world’s largest locations with proven oil reserves, will not be able to hit governmental production targets due to the level of operational risk, say experts
How smaller UK firms can handle the Remuneration Code
Firms have until July 1 to comply, but experts says they can reject "pernicious" parts of FSA regulations
Users of OTC derivatives are not prepared for regulatory onslaught
The raft of new regulations on OTC derivatives will be problematic for buy-side firms, says new report
IMF uneasy on nagging weakness of eurozone’s banks
Fund’s Global Financial Stability Report and World Economic Outlook updates show concern over insufficiency of eurozone stress tests, links between banking and sovereign risks
Obama: 80% US power from clean sources by 2035
US President promises push for clean energy at expense of oil and singular focus on renewables