News
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…
Islamic liquidity facility set to open in first half of 2011
Bank Negara Malaysia governor Zeti Akhtar Aziz says she hopes International Islamic Liquidity Management Corporation will open for business by June
Sheng, Lemierre: finance must shift to serve real economy
China Banking Regulatory Commission's Andrew Sheng and BNP Paribas's Jean Lemierre say speculation must be quelled; Sheng urges Asia to develop investment banking industry, create regional champions
Current models limited says Joint Forum report
A report by the Joint Forum – a group looking at issues common to the banking, insurance and securities exchange sectors - says risk aggregation models used by all three industries contain significant weaknesses
Analyst: unified framework is better for energy risk management
Building a unified framework for consistent modelling of energy spots, forwards and swaps is better for energy risk management, says Verbund Austrian Power Trading’s principal quantitative analyst
UBS promotes risk chief to CEO for Americas
Philip Lofts, UBS's group chief risk officer, to head UBS in the Americas; replaced by Maureen Miskovic.
Historic gilt lows reflect improved debt outlook, but growth fears remain
New lows in gilt yields following last week's spending review have been seen by some analysts as a vote of confidence in the UK government's austerity plans. Other observers, however, say they reflect something else entirely.
HSBC issued with cease-and-desist order for AML failures
HSBC's North American arm accused of deficiencies in compliance
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