News
SEC names market surveillance chief
The US Securities and Exchange Commission (SEC) has confirmed Mark Lineberry as head of its office of market surveillance.
Lithuania to auction EUAs
The Lithuanian Environmental Investment Fund is to offer 552,000 EU Allowances (EUAs) for online auction.
Rothwell departs BarCap for JP Morgan
Giles Rothwell will join JP Morgan as global head of structured investments distributor marketing in November, leaving a similar position at Barclays Capital, where he has spent the past 11 years.
Two new hires at BNP London
BNP Paribas has added another researcher to its credit team, and has recruited a risk adviser for its corporate fixed-income group.
Bear Stearns names head of European fixed income
Yves Leysen has taken over as sole head of fixed income for Bear Stearns in Europe, after the departure of John Moore.
Banks using ‘discretion’ to report loan losses
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FinCEN releases new BSA/AML manual
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DIFX boosts structured products
The Dubai International Financial Exchange (DIFX) has opened its new structured products platform for retail trade, and added products based on local underlyings for the first time.
Brokers consider breaking Mifid laws
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CESR publishes responses to the rating of structure finance instruments
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US firms not disadvantaged by Sox, claims Oxley
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Credit fears subdued by BoA investment in Countrywide
Dealers believe the $2 billion investment by Bank of America in troubled California-based mortgage lender Countrywide Financial helped ease credit worries during morning trading in Europe.
Banks lean on support loans
Several large investment banks have taken advantage of easier lending terms from central banks, aimed at increasing liquidity in the wake of the subprime crisis.
Bear Stearns recruits credit derivatives staff
Bear Stearns has made a number of credit derivatives hires in London.
SIV-lite vehicles take massive hit from S&P
Rating agency Standard & Poor's (S&P) has made spectacular downgrades to two structured investment vehicle-lites (SIV-lites), which combine collateralised debt obligation structures with short-term funding common in SIVs.
Some 42% pass CFA exams worldwide
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MiFID Connect issues further guidance for firms
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Nymex confirms sale talks
Following months of heightened speculation, Nymex Holdings, the parent company of the New York Mercantile Exchange (Nymex) has released a statement confirming it has been in “preliminary” talks to be purchased.
Half of US firms unhappy with risk effectiveness
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