News
Spanish banks tap ECB for record €130bn in funding
Increased borrowing reflects fears on country's banking sector.
Morgan Stanley is buyer of Natixis CDS portfolio
US bank believed to have purchased bulk of $8.6 billion credit derivatives portfolio.
BlueBay recruits Deutsche’s Mark Dowding
Former head of European fixed income for DWS Investments hired to build government bond franchise.
Brownstone names investment grade director
Sean Richter arrives from Stifel Nicolaus.
Deutsche Bank nabs Mayer and Cai from UBS
Jeffrey Meyer will become new head of global markets for North America, while Cai takes responsibility for corporate and investment banking in Asia.
Pimco recruits chief for Asia-Pacific office
Ki Myung Hong joins the asset manager from Bank of America Merrill Lynch.
BP’s Gulf of Mexico oil spill will not push fuel switching
Experts quash fears that tighter restrictions following BP’s Gulf of Mexico oil spill will result in oil to gas fuel switching in the US, thus pushing up gas prices
Regulators kick off derivatives reform discussion
Market participants call for clearing decisions to be left to market forces and caution regulators about clearing house ownership
China’s drop in oil demand is "warning sign’"
Alarm bells hit the market after China’s oil demand slump signals a possible unexpected slowdown in energy demand growth
Basel Committee to rethink CVA capital charge
Regulators might adapt the bond-equivalent approach amid claims the methodology will lead to perverse incentives
Regulators tout new impact studies as proof of Basel III’s viability
Basel Committee and FSB studies play down the economic impact of Basel III - proof, regulators say, that the reforms are fit for purpose.
Sizeable portion of banks not planning to become clearing members
Battle for client clearing business set to heat up, reveals Risk interdealer poll
Indian regulator tightens derivatives rules
Sebi has banned mutual funds from writing options and placed prudential limits on the amount of derivatives investments that can be made by mutual funds in the country in a bid to tighten regulation
Former BoA chief risk officer Curl joins Singapore's Temasek as president
Temasek has hired former BoA CRO Gregory Curl and promoted Simon Israel as co-presidents to work alongside existing president and former SGX chief executive, Hsieh Fu Hua
BNP Paribas enters US retail space via Bank of the West
BNP Paribas is offering market-linked certificates of deposit to US retail investors for the first time through subsidiary Bank of the West
UBS names Bahurel head of equity derivatives sales in Asia
UBS will add Julien Bahurel as head of equity derivative sales in Asia by the end of this year
'Forum shopping' frustrates European high yield investors
An increasing number of European companies are moving their operations abroad to avoid punitive bankruptcy regimes, leaving bondholders at a disadvantage.
Asian banks in OTC derivatives reconciliation drive
Efforts by Isda and international banks to get Asian counterparties to use portfolio reconciliation services for OTC derivatives are starting to pay off
Citi names Asia-Pacifc head for wealth management investment products
Paul Hodes will relocated from Malaysia to Singapore to look after traditional managed investments in Asia for Citi's wealth management unit.
Platts’ new coal price assessment reflects Indian potential
Launch of Platts thermal coal price assessment for India highlights the country's growing importance as a leading coal producer and importer
UK end-users face power and gas price volatility
Experts warn that major UK end-users may face another quarter of power and gas price volatility, indicating the necessity of a risk management programme