News
Buy-side favours low-cost clearing, says UBS
Findings of UBS equity analysts stoke fears of race to the bottom among over-the-counter derivatives clearing firms
Funding needs drive banks to “borrow” liquidity from insurers and pension funds
Insurers and pension funds offer banks a lower-cost solution to their funding issues
Cash variation margin requirements worry pension funds
Having to post cash as variation margin to central counterparties (CCPs) will cause substantial yield losses for pension funds that conduct liability-driven investment (LDI) strategies, according to fund managers.
EM investors should be wary of currency movements, says Payden & Rygel
Managing principals Robin Creswell and Kristin Ceva say currency volatility is a risk for local currency investments.
Homogeneous regulations could contribute to risk, says former Brazil central bank chief
Arminio Fraga warns about the use of globally standardised methodologies for regulatory capital, as well as the dangers of multiple central counterparties
Russia to tap Islamic finance to help meet $1 trillion infrastructure bill
Russian corporates and infrastructure companies are increasingly turning to Asia and the Middle East to help meet their financing needs
EPC chairman 'shocked' at Brussels' 'competing' Sepa schemes
European Payments Council chair slams European Commission's willingness to allow operation of multiple, national Sepa schemes; says plan would thwart aims of Sepa
Optimising and hedging power generation assets
The head of risk at Spanish utility company Endesa speaks to Lianna Brinded about the co-ordination of optimisation and hedging of power generation assets.
Cebs says work on supervisory colleges is accelerating
Cebs secretary-general Arnoud Vossen, in an interview with Operational Risk & Regulation, says work on improving supervisory colleges is speeding up
Botched legal work in BT privatisation responsible for potential £23 billion pension liability for UK taxpayers
Flawed legal agreement behind landmark UK privatisation leaves UK taxpayers counting the cost
BlueCrest Ucits fund to be liquidated due to tracking error
Sources say Ucits constraints prevent the fund from properly tracking new opportunities in bonds and commodities
Basel’s new 7% equity capital minimum welcomed
Basel’s new 7% equity capital minimum welcomed
Crosnier promoted to run Amundi's London office
Laurent Crosnier becomes CEO at asset management firm Amundi London.
Thai Islamic Bank head: Thai government may issue sukuk in 2011 after law change
Approval of new tax structures to facilitate sovereign Islamic bonds based on real estate holdings expected soon
Minor RMBS losses anticipated as foreclosure freeze wears off
Tranche holders likely to avoid large losses, but legal action threatens servicers
Quote stuffing not to blame for flash crash, Berman insists
Lead investigator for SEC defends agency's findings
Isda guidelines seek to end OTC settlement breaks
Derivatives guidelines aim for pre-settlement confirmation, simplified compensation claim structure
EDF’s head of credit risk: misconceptions of assessing credit
EDF Trading North America’s head of credit risk talks to Lianna Brinded exclusively about the misconceptions of assessing credit risk in the energy and commodities market
S&P launches market-weighted CDS sovereign index
S&P launches market-weighted CDS sovereign index
FTSE launches index linked to developed market currencies
FTSE launches index linked to developed market currencies
Markit eyes Japan with Asia CDS pricing
New Asia-based activity, particularly in Japan, drives additions to existing service.
US lags in same-day affirmation
Asia comes out on top in study by post-trade utility Omego
Swift lays out 2015 business strategy
New focus on tailored solutions for emerging markets, says Americas CEO Church
Asia now the world's biggest regulated derivatives market, FIA says
Asia overtook North America as the biggest exchange-traded derivatives market for the first time during the first half of the year. And the exchange derivatives market may continue growing after the Dodd-Frank Act and other regulatory reforms, market…