News
ABN Amro ups data quality initiative
Improving data quality is a risk management initiative driven by Basel II at ABN-Amro
Clearing no panacea for risk mitigation, panellists agree
Participants warn against one solution for all asset classes
Spain’s €15bn austerity plan is flawed, warns leading economist
The Spanish government has made plans for austerity measures based on growth forecasts that far outpace those of the IMF and EU.
Oil sands supply weighs on WTI prices
Canadian oil sands could become the top source of US crude oil imports this year, according to a report published on Wednesday (May 19), raising concerns that oversupply of US crude will continue to weigh on prices
Investors see opportunities in index-linked gilts as inflation rises
With inflation continuing to trend higher than the Bank of England’s target rate, index-linked gilts are growing increasingly attractive to investors.
Deutsche Bank halted sovereign CDS trading after Bafin ban
The German bank was not the only dealer to have temporarily put a stop to eurozone sovereign credit default swap trading
Naked shorts to be allowed ahead of bund auctions
Dealers reassured that Bafin short selling ban will not prevent pre-hedging of debt purchases
“Questionable” CERs add to post-2012 uncertainty
Carbon experts warn that HFC-based carbon offset credits could lose value in third phase of EU ETS
Bafin shorting ban may be narrower than feared
Lawyers say decree appears limited
E.ON Energy Trading enters US natural gas market
German power and gas company E.ON begins drive to expand presence in US gas market.
Systemic risk regulators should direct policy not just give warnings, says HSBC's Haswell
Past experience suggests the new financial stability bodies should direct regulatory policies, not just warn about instability
Market puzzled by Bafin ban
Traders incredulous as Bafin acts unilaterally to calm “extraordinary volatility”
New JMLSG guidance faces criticism
Steering group releases consultation paper, software head responds with calls for “more substantial change”
Cesr to step up securities and derivatives scrutiny
European regulators act as markets show “exceptional volatility”
Kyoto suspension will disadvantage Bulgarian compliance companies
Bulgaria's emissions trading suspension set to impact companies trading on EU ETS
Bond vote highlights flaws in ECB’s governance: Ex-FSA head Davies
Former head of UK Financial Services Authority Howard Davies says vote on bond purchases underlines flaws in European Central Bank’s one member, one vote policy
AIFM texts adopted by EU parliament and council
Hedge fund managers based outside the European Union (EU) may have to comply with the alternative investment fund managers (AIFM) directive in order to market products to EU member states, under proposals approved last night (May 17).
Fiscal austerity measures could hit corporate credit, analysts warn
As governments across Europe announce austerity measures designed to rein in deficits, sovereign and corporate bond investors are divided over the scale and timing of the cuts.
Eurozone CDS spreads tighten slightly
CDS spreads come in marginally as European Central Bank confirms how much in eurozone bonds it has bought