News
French banks fined for collusion in setting processing fees
French banks fined for collusion in setting processing fees
Brokerage firm penalised for illicit high-frequency trading
Brokerage firm penalised for illicit high-frequency trading
New Jersey adviser charged with multimillion-dollar fraud
New Jersey adviser charged with multimillion-dollar fraud
US SEC and Citigroup defend $75 million subprime settlement
US SEC and Citigroup defend $75 million subprime settlement
UK FSA hits Goldman Sachs with £17.5 million reporting fine
UK FSA hits Goldman Sachs with £17.5 million reporting fine
Basel III 'sub-optimal' says EU think tank
Ceps says regulators went soft as a result of industry pressure
Vatican bank executives in money-laundering probe
Italian authorities are investigating IOR president Ettore Gotti Tedeschi over account irregularities
Expect double-dip, not inflation, says CreditSights' Purtle
Chief strategist at CreditSights Louise Purtle warns that global deleveraging makes double-dip recession more likely than inflation.
EU rules changes may cause power market liquidity risk
Power market risk managers face a new set of liquidity and market risks if the European Union (EU) enforces proposed regulation changes, says RWE chief
Industry expresses concern over timing of Basel trading book review
Plans to overhaul the Basel trading book in 2011 have raised concerns about implementation targets
Ferma and ECIIA launch guidance on EU company law directive
Independent mentality is essential as EU broadens the role of audit committees
Indian electricity market ‘not ready’ for derivatives
Indian electricity market ‘not ready’ for derivatives
Uncertainty over future of UK nuclear regulation
Uncertainty over future of UK nuclear regulation
EU bolstering Club Med to fend off second banking crisis
EU help for Club Med nations is designed to give European banks enough time to minimise exposure to the region prior to debt restructurings, said analysts at a Fitch Ratings conference.
Prop trading restrictions already hurting liquidity, say investors
Restrictions on bank proprietary trading have caused liquidity to fall in both the cash and derivatives markets, forcing buy-side participants to adopt alternative investment strategies
Let CCPs compete, Isda conference told
Competing for business will not fatally undermine derivatives clearing – as long as the system is well regulated, speakers claim
Corinne Neale joins Credit Suisse for Asia foreign exchange client risk advisory
Credit Suisse has added to its Asia foreign exchange risk advisory in line with the bank's strategy to expand forex business in Asia
Nomura hires convertible bond head
New convertible bond specialist for Nomura
Fixed income strategist joins Lloyds TSB
Lloyds hires market strategy head
PJM addresses FERC credit concerns with new entity
PJM addresses FERC credit concerns with new entity
BP oil spill creates long-term oil risk management issues
BP’s Gulf of Mexico oil spill forces risk managers to look at long-term margin costs and soaring oil prices post-2012
ECB approves business continuity standards at payment infrastructures
Systemically important payment systems get a "pass" mark but are asked to focus on crisis communication
Credit Suisse closes 'largest' Taiwan structured products of the year
Latest deal signals continuted opening of Taiwan's retail market for structured products after regulatory clampdown