News
Janssens to head JP Morgan treasury & securities services in Japan
The US bank's treasury and securities services chief for Asia, Thomas DuCharme, has named his team heads for Japan and South-east Asia
Insurers, not banks, driving liquidity trade
Insurance sector's hunger for high yields, rather than banks' thirst for short-term funding, driving liquidity trade
Barclays makes its debut in the Italian ETN market
Barclays has listed its first iPath ETN in Italy, hoping to add to the success of its volatility-linked ETNs
BarCap builds on volatility ETN with new listings
Barclays Capital has listed a second volatility iPath ETN on the London Stock Exchange, along with a first listing in Milan
Olcott joins Citi as head of US retail structured products sales
Gage Olcott has joined Citi in the US to help build up its third-party distribution efforts
Risk USA: Paulson refused to save Lehman over 'bailout guy' characterisation
Former White House economist details civil war between Bush administration and US Treasury
DME's Q3 results point to struggle for crude futures
The Dubai Mercantile Exchange’s latest trading results reveal low liquidity levels for its key oil futures contract, despite a face-value surge in trading volumes
EU prepares to go the direct route on structured products law implementation
The introduction of several new European Union laws covering financial investments could prohibit sales of some products and push up costs
Solvency II not a concern for corporate debt markets
ING Investment Management relaxed about Solvency II reducing appetite for corporate bonds
Risk USA: Futures clearing model not secure, says Prager
Futures clearing model less secure for over-the-counter derivatives than bilateral trading, says BlackRock trading head
Risk USA: Multiple trade repositories will hamper ability to spot systemic risk build-up
More transparency in OTC derivatives is crucial – but regulators need the right kind of data, say conference speakers.
Dealer concern over proposed change to client margin segregation
Ice Trust estimates it might have to increase initial margin by 63% to cover risk.
States expected to maintain US cap-and-trade momentum
A 'handful' of states will implement carbon cap-and-trade without congressional legislation, according to industry players
Risk USA: Basel Committee considers capital charges on bank exposures to CCP default funds
A new capital charge on bank exposures to CCP default funds could be introduced in December, says Osfi's White.
Risk USA: Some relationships remain broken in derivatives market
Two years after the Lehman Brothers collapse, OTC market fundamentals still highly dysfunctional
Risk USA: Pay bigger than politics, says former Treasury adviser
Risk managers need to look closely at compensation, declares former US Treasury adviser
Risk USA: EC likely to follow a US clearing exemption for FX swaps and forwards
Push for global convergence in over-the-counter derivatives regulations means any US exemption is likely to be followed in other jurisdictions, says the EC’s Pearson
Morgan Stanley adds SG’s Mehrez to EQD team
Morgan Stanley has continued its recent spate of equity derivatives hires and appointed Selim Mehrez as global head of financial engineering.
Banks must keep non-execs 'up to speed' on risk, says consultancy
Protiviti head says the 'warp speed' of risk management means non-executive directors can struggle to keep up
Geneva Association: "stabilising" insurers should be better repesented in systemic risk supervision
Insurance think tank bemoans underrepresentation of the "firefighting" insurance sector in Financial Stability Board and confusion over its role in the financial crisis
Central banks move to bolster liquidity in Islamic paper
Eleven central banks and monetary authorities are teaming up with Islamic multilateral organisations in an effort to bolster supply of highly rated, short-term Islamic paper through an entity called the International Islamic Liquidity Management Corp…
LLMA attempts to stimulate longevity market with pricing framework
Industry body seeks to create benchmark price level to expand market participation
Malaysia’s 'Islamic Mifid' dream faces reality check
Malaysia is driving efforts to standardise Islamic finance to enable the creation of cross-border markets for sharia-compliant products. But regulators and market participants in Islamic states say no agreement is likely in the near future.
BarCap recruits three senior high yield analysts
BarCap recruits three senior high yield analysts