News
Swiss hedge fund laws under scrutiny ahead of EU rules
Swiss laws under scrutiny ahead of AIFM
BoA hires Michael Benz to head Merrill Lynch Asia Wealth Management
The wealth of Asia Pacific high net worth individuals (HNWI) stood at $9.7 trillion at the end of 2009, up 30.9% from a year earlier and above the $9.5 trillion held by Europe’s HNWIs, according to the Merrill Lynch CapGemini 2010 World Wealth Report
Aegon UK strengthens its risk management capability
UK arm of insurer appoints two directors to join its risk team
Emerging markets analyst joins Insparo Asset Management
Emerging markets analyst joins Insparo AM
Relations with Beijing to impact Taiwan emissions trading plans
Taiwan's plans for a cap-and-trade carbon trading system have potential but relations with China will impact its progress, according to analysts
Green light for new European insurance and pension supervisor
Deal reached on replacement for Ceiops
ECB’s González-Páramo highlights flaws in collateral framework
European Central Bank executive board member José Manuel González-Páramo acknowledges risks in central bank’s willingness to accept broad range of collateral
Russian / CIS exchanges to launch more derivatives contracts
Chiefs at Russia’s RTS Stock Exchange, the Ukrainian Exchange and Kazakhstan’s Regional Financial Centre (RFCA) reveal that they are looking into launching more exchange-traded funds (ETF), indexes and other derivatives contracts across commodities and…
CFTC retail FX rules fail to curb offshore trading
New US Commodity and Futures Trading Commission rules will hasten flow of retail foreign exchange business abroad
NAIC opts for macroeconomic based approach for CMBS
US insurance regulators turn their focus to CMBS
IIF: banks must do better on disclosing pay practices
Regulatory requirements in the US and Europe mean banks now have tougher pay standards to comply with
European banks more worried about OFAC than local regulators
European banks more worried about OFAC than local regulators
Deutsche hires high yield professionals for European trading business
Deutsche adds two to European high yield team
Bond investors bullish on sub-Saharan Africa
Debt investors are looking to sub-Saharan Africa, where strong demand for commodities is propelling high growth.
UK structured products stuck on repeat
An unfavourable pricing environment and investor caution is resulting in a series of familiar structures in the UK market. A few variations in underlying are evident but all come back to income
Société Générale Private Banking appoints new chief exec in South Asia
The private banking arm of Société Générale has made Olivier Gougeon chief executive of its South Asia operations
MEPs win out on powers for new European supervisory bodies
Pan-European authorities will have the power to impose emergency measures and intervene with financial institutions, after parliamentarians gained ground in compromise agreement
Credit Suisse names James Hong to head Hong Kong private banking
Hong will provide client coverage and facilitate cross-divisional collaboration within the bank as the most senior representative in Hong Kong for Credit Suisse’s private banking business
Too big to fail must be solved, says Bernanke
Fixing too-big-to-fail is the single lesson of the financial crisis, says Fed chairman
Rise in deals signals growing confidence in metals markets, say analysts
The number of global mining and metals deals is expected to soar as part of a trend that signals strong growth in the global metals market, according to analysts
Confusion over misleading Indian power futures "ban"
Confusion surrounds the reported ban on Indian power futures trading as industry participants disagree on the nature of the measure
Nordic insurers’ interest rate mismatch significant but improving
Better ALM practice behind Nordic insurer's reduced exposure to interest rate mismatches