News
Nomura names Oz fixed income head
James Land leaves Westpac to boost Nomura’s fixed income team.
Basel Committee counter-cyclical proposals tie buffers to economic indicators
Committee publishes paper on counter-cyclical capital and defers recommendations on Basel III to oversight board meeting on July 26
RBC: Japanese limits on margin trading will weigh on Aussie/yen cross in August
Japanese plans to limit leverage on margin trading to a maximum of 50 times collateral in August could affect Australian dollar/yen cross rates.
Citi names new head of markets for South Asia
Pankaj Vaish joins Citi as head of markets for South Asia from Nomura.
Eurozone has two years to agree fiscal union – DB Advisors
The viability of the Eurozone project continues to weigh on fixed income market, says chief investment officer of DB Advisors.
Quant Congress USA: Ban DVA, counterparty risk quant says
Banks should not book paper profits as their own debt quality worsens, the Risk conference heard yesterday
Quant Congress USA: Asset class diversification outmoded, says Pimco MD
New regime needs macro diversification, says Vineer Bhansali
Quant Congress USA: UK and Netherlands least risky European debt
Relatively healthy private sector means UK and Netherlands least likely to default
Quant Congress USA: "Only models were reliable during crisis," says AQR CRO
Quants push back against criticism of models at Risk's Quant Congress USA event in New York
BIS warns against bank support
Time to draw a line on “emergency room treatment”, says Bank for International Settlements.
Shell Gas chief: end-users will face credit issues - Exclusive
Shell Gas Direct’s chief tells Energy Risk that major end-users’ credit worthiness will be one of four major challenges for industrial and commercial users in the next few years
Pension funds face huge bill from UK indexing change, analysts warn
Using CPI instead of RPI was intended to save money - but could end up costing UK pension funds billions
CFTC to rework position limits rule
CFTC Chairman confirms regulator will propose new rule on position limits as part of its expanded remit under financial legislation that could be enacted imminently by US President Obama
Lee appointed CEO of SG Private Banking in China
Société Générale promotes Hsiao-Yun Lee to the role of CEO in its private banking arm in China
Funding concerns for banks could prompt Basel III rethink
The deadline for the implementation of proposed regulation may be extended, as banks protest against the potential impact of stringent new capital and liquidity rules.
Vontobel comes back in fashion
The continued success of its luxury goods certificates has inspired Vontobel to come out with version four
JP Morgan hires StanChart's Flavel in Asian high-net-worth push
Peter Flavel is expected to join JP Morgan Private Wealth Management Asia in the fourth quarter as part of US bank's expansion in the region
Moody’s warn of Spanish power sector downgrade
Rating agency warns that a surprise Spanish government review of wholesale electricity prices could lead to a downgrade of Spain's power companies
Deutsche names new North American global markets head
Jeffrey Mayer joins the bank from UBS
Exchange-traded product volumes up 13% in 2010
Fixed-income exchange-traded products made money, investors turned to gold and a decline in assets followed falls in the equity markets in the first half of this year
Australia's ETF market set to double by 2012, says iShares
ETF provider iShares predicts that ETF investment in Australia will double by 2012 as investors seek more transparency, liquidity and diversification
UK FSA reorganisation happening quickly, says head of risk
The break-up of the UK Financial Services Authority is beginning to take shape, says the regulator's head of risk management