News
Boyle replaces Yates as equity derivatives head at Citi
Yates leaves Citi to become CEO of Two Sigma Securities in September
Active fund managers underperform in Europe but not UK, S&PDJI
UK fund managers almost always outperform benchmarks, S&P
Repo rules decimate key liquidity ratio at Barclays
Reverse repo treatment in draft NSFR cuts ratio from 113% to 98%
Bank of America fined $1.27bn for defrauding mortgage agencies
Bank pays fine for mortgage fraud in the lead-up to the financial crisis
US utilities invest in shale gas wells as long-term hedges
Physical deals with producers seen as ‘superior’ to financial hedging
UK banks to face tighter oversight of management and conduct
PRA and FCA unveil new rules on bank bonuses and approval process
People: CFTC's O'Malia joins Isda
US regulator resigns to head derivatives industry group
Some EU countries unable to punish Emir breaches
Firms in Poland and Ireland cannot be fined for breaking reporting rules
Buy-side cost concerns prompt MAS trade reporting exemption
Smalls firms baulk at paying up to $18,000 to register a few trades
EU clearing timeline could drive banks out of the business
Banks say they will not hit revenue targets if Esma deadline is endorsed
Vietnam to list first domestic ETF as it liberalises market
ETF marks first stage in moves to create domestic derivatives market
Proposed bitcoin regulations 'unworkable' in current form
NYDFS proposes bitcoin regulations that experts say go too far
Ex-Deutsche commodity index salesman joins BNP Paribas
Matthew O’Connor named as head of investor sales for the Americas
Libor fines for Lloyds include penalty for SLS underpayment
Banking group took state aid, then lied over terms of its repayment
SGX says cross-margining key in battle for RMB futures market
Ability to cross-margin FX futures against equity portfolio offers savings
Winners announced in Hedge Funds Review Americas Awards 2014
Cocktail reception last night in New York recognises talent
Commodity desks breathe sigh of relief over Volcker
Dodd-Frank rule seen having muted impact on market-making by banks
Republican objections to Dodd-Frank ‘schizophrenic’
Barney Frank "not embarrassed" to be cause of increased compliance bill
Esma board fails to agree AIFMD prime broker segregation position
Financing cost for hedge fund marketing in Europe could reach "unviable levels"
Virtu to take on banks as swap market-maker
HFT firm is one of two non-banks known to have traded on broker Sefs
Japan FSA threshold for trade execution 'extremely high'
Only banks with ¥6tn in derivatives must trade swaps electronically
India derivatives tax plans could deter foreign investors
Singapore and Mauritius could benefit from scheme to change tax treatment
SDR inclusion critical for advanced-economy RMB investments
Developed-economy central banks still wary of renminbi inconvertibility
Eiopa targets bank Cocos
Regulator to monitor insurers’ investment in contingent convertible bonds