News
FDIC board meeting on Basel II scheduled for September 5
The Federal Deposit Insurance Corporation has confirmed that it will hold a board meeting to discuss implementing Basel II on September 5. The board is expected to approve the draft notice of proposed rulemaking (NPR) at the meeting, ahead of the…
JP Morgan Chase veteran Don Wilson to retire
Don Wilson, chief risk officer at JP Morgan Chase, will retire later this year. His replacement has not yet been named.
New pan-Nordic contracts launched on EDX London
EDX London, a joint venture between the London Stock Exchange and Sweden’s OMX, has launched a range of new Nordic equity derivatives contracts.
SuperDerivatives names corporate development chief
SuperDerivatives has recruited Edward Crouch as global head of corporate development and strategy, in charge of overseeing the company's expansion.
ICBC Asia to use Fernbach Software to comply with IFRS
Industrial and Commercial Bank China (ICBC) Asia has purchased Fernbach Software’s FlexFinance software to fulfil the bank’s international financial reporting standards (IFRS) requirements.
Blyth returns to Harvard after stint at Deutsche Bank
Stephen Blyth has resigned as London-based head of global rates proprietary trading at Deutsche Bank to take up a senior role at Harvard Management Company (HMC).
Markit buys Chasen as part of ABS push
Markit has acquired New York-based analytics firm Chasen Enterprises as part of an effort to strengthen its structured finance division.
Low volatility may not last, says BIS report
Low levels of asset price volatility owe much to structural changes in the market, but a slower economy could still push volatility up again, according to a Bank for International Settlements (BIS) report.
Deutsche Börse launches three new Lyxor ETFs
Deutsche Börse has launched three new exchange-traded funds (ETFs) on its Xetra electronic trading platform.