News
Oversubscribed CLO points to returning Asian risk appetite, more CLOs expected
Standard Chartered's most recent Start deal proved oversubscribed, suggesting a returning credit risk appetite in Asia. Meanwhile, more CLOs are expected this year.
Société Générale downbeat on major asset classes in 2011
Equities and bonds are overvalued while commodities and emerging markets look equally unattractive, according to Société Générale's 2011 Outlook presentation
Eurozone CDS spreads continue downward trajectory
Debt protection costs on eurozone sovereigns fall while Irish financials enjoy mixed day
Asian Financial Forum: China tests further easing of renminbi convertibility of capital account
China's State Council is advising the Shenzhen municipal government and local regulators about permitting renminbi conversion outside of currency restrictions
BNY Mellon expects strong demand for Asian hedge funds in 2011
Improved corporate governance in Asia could lead to greater institutional demand for the region's hedge funds
GS: Opportunities from commodities emerging markets constraints
Goldman Sachs says investors should get exposure to crude oil, and put a $105 per barrel price target on it, as one of the supply-constrained commodities China most needs, David Walker reports.
Swiss authorities ink deal on crisis collaboration
Swiss National Bank, finance ministry and regulator sign memorandum on supervisory cooperation
Asian Financial Forum: Call for Chiang Mai upgrades, shorts control
Asian regulators note the risk of future market volatility due to fund outflows from the region or external global difficulties, suggesting that both Chiang Mai and short selling are among topics that need attention.
Risk perceptions of Allied Irish Bank rise over weekend
Credit default swaps on the troubled Irish bank widen by four percentage points
North American banks expect rise in internal fraud
US and Canadian banks expect internal fraud to increase
Asian Financial Forum: China and Hong Kong to collaborate more on cross-border access and cross-listings of ETFs, says CSRC chief
Hong Kong and Shanghai are set to more closely align clearing and settlement systems enabling the cross-listing of instruments such as exchange-traded funds. Meanwhile, the Chinese authorities plan to encourage state-owned enterprises to launch so-called…
Top 10 articles on Risk.net in 2010
A quick overview of the top ten articles across the whole of Risk.net in 2010 provides a roadmap of the year's main themes
Asian Financial Forum: Speculative capital a ‘greater risk' to Asia than global financial crisis
Speculative inflows into the region could present a greater threat to the region than the global financial crisis, according to senior regional government and regulatory officials attending the Asian Financial Forum in Hong Kong.
iShares European assets reach $100 billion
The interest in fixed-income and emerging markets ETFs last year helped to boost iShares AUM.
EC bail-in proposals could result in two-tier CDS market
EC bank resolution proposals could result in a bifurcation of the CDS market
Basel III will cause ‘financial Darwinism’: BaFin’s Sanio
Top German regulator Jochen Sanio says Basel III will squeeze weaker banks, spur formation of large banking groups that will pose more systemic risk
New CFTC documentation rules could force Isda master modifications
Proposed US rules might require changes to standardised global derivatives agreement
Ups and downs for eurozone CDSs
Mixed fortunes in CDS market as Spain and Italy see successful bond auctions
Barcap offers investors access to emerging market currencies
Barcap offers investors access to emerging market currencies
Barclays Capital loses two senior equity derivatives staff
Head of European flow and head of exotics depart in Barclays Capital downsizing.
EC: Prepare for FX clearing in US and EU
European Commission's Patrick Pearson says no member state has advocated an outright exemption for foreign exchange clearing
EBA plans new round of stress tests
New European Banking Authority announces second round of stress tests for European banks at opening meeting
Vietnam eyes 2015 Basel II introduction; fears over parallels with Nigeria
Vietnam is looking at a theoretical date of 2015 for Basel II, however, planned hikes in capital requirements are a cause for concern for some bankers.
CFTC presses on with position limits proposal
Concerns remain over position limits for commodity traders under Dodd-Frank Act as CFTC issues plan for public comment