News
FSA fines two mortgage brokers at Pace Financial £400,000
Two banned from working in financial services after submitting false and misleading information to secure mortgages
Dallas star Larry Hagman awarded $11.5 million payout
Actor claims Citigroup breached fiduciary duty
Hedge fund manager guilty of $7m insider-trading scheme
Joseph Contorinis used inside information about mergers and acquisitions to execute trades
Citigroup rejects discrimination claims as lawsuit launched
Bank accused of suffering from a 'boys’ club' mentality
Data management still presents issues for many banks says report
Middle office needs "a big stick" to ensure smooth data storage
Countrywide chief executive hit with record fine
Mozilo agrees $22.5 million settlement with SEC over charges of misleading investors
Malmgren tells IOR: Op risk managers should track geopolitical developments
Geopolitical developments feed into op risk
EU's Barnier: high-frequency trading needs extra regulation
EU puts high-frequency trading on the block
PwC partner: Basel's remuneration paper gives banks cause for concern
Firms worried by Basel Committee’s remuneration proposal
UK FSA outlines aims to promote good governance through SIF regime
UK FSA switches focus to ‘governance in action’
Changing Hats, November 2010
Changing Hats
Leonard joins DTCC as head of op risk
Depository Trust & Clearing Corporation appoints Andrew Leonard as managing director and head of operational risk
Global OTC derivatives widely dispersed, Isda survey finds
Five largest US-based dealers hold 37% of total notional, trade association says
Fese's Inel: Mifid II must focus over-the-counter transaction reporting
Fese: Mifid II must focus on deals in over-the-counter markets
Lespinard resurfaces at Schroder IM
Lespinard resurfaces at Schroder IM
Tax uncertainty in the run-up to the US elections is bad news for structured products
As pre-election battles focus on the Bush administration's tax cuts and other economic issues, uncertainty regarding future tax levels is persuading many investors to remain in cash.
Special video report: regulatory strategies from chief risk officers
With regulatory changes and new markets impacting the energy and commodities markets, Lianna Brinded files this exclusive special video report showcasing the views of leading risk managers and quantitative analysts on how to tackle these challenges
DMOs to Basel Committee: leave our bonds out of your buffers
New rules mean banks will have to load-up on government debt, but one apparent beneficiary - debt management offices - are against the idea
New value in Korean bond/swap basis play?
Upheaval in the currency markets as a result of fears of protectionist action by a number of emerging market countries to defend their competitive positions has created a raft of threats and opportunities in the financial markets, including a new play on…
Deutsche Bank bolsters South-east Asia private wealth unit
Deutsche Bank's goal is to add more than 80 relationship managers across the region during the next two years, according to Ravi Raju, head of Deutsche Bank private wealth management Asia Pacific
Anglo Irish makes exchange offer to sub debt holders
Ailing Irish bank Anglo Irish unveiled terms for a widely anticipated exchange of its subordinated debt on October 21. But could senior bondholders also see some pain?
Boyle leaves equity derivatives team at Citadel
James Boyle leaves co-head of equity derivatives position at Citadel, to be replaced by Brad Kurtzman
Basel Committee stalls on key element of counter-cyclical plans
Market participants cast doubt on the collective strength of multiple measures to mitigate pro-cyclicality in Basel III.
FSA defends "risk sensitive" Solvency II data weightings
FSA says weighting of data in SCR calculation should be driven by economic environment - and is not pro-cyclical