News
DGCX to launch commodity indices
The Dubai Gold & Commodities Exchange (DGCX) will use its futures prices to create commodity indices for the global investment banking and fund industry in the Middle Eastern region.
Basel group agrees on banking crisis response
The Basel Committee’s oversight body has met to discuss key measures to strengthen banking regulation
FSA fines Barclays £2.45m for transaction reporting failings
Barclays is fined by the UK regulator over reporting failures, and systems and controls weaknesses
Gilliat launches first product into UK market
Gilliat Financial Solutions, the new structured products outfit within the Arbuthnot Banking Group, has launched its first investment into the UK market. The Gilliat Income Series Issue 1 has three options which will give exposure to either equities,…
ECB defends Basel II against US Treasury plans
Nout Wellink and Christian Noyer have rallied to Basel II’s defence against plans for a US-led replacement
Barclays Wealth launches protected kick-out investment
Barclays Wealth has launched a new protected kick out investment linked to the FTSE 100 index for UK investors. The FTSE Generator Bond deposit structure has the potential to kick out halfway through its six-year tenor and capital is 100% protected at…
CDS: Spreads rally tracking stocks; Citi leads the charge
Credit default swap 5-year mid-levels for structured products issuers (September 3)
US Wrap: S&P 500 sandwiched between alternative choices
Two less traditional alternatives to the S&P 500 index have been released into the US market by Credit Suisse and Royal Bank of Canada (RBC).
New member registrations reopened on Climex
Netherlands-based exchange Climex, which offers environmental and energy contracts, has reopened its membership registration for the carbon spot exchange after reviewing and amending its criteria.
DB liquidates oil ETN
Deutsche Bank will close down one of its exchange-traded oil products amid an investigation by regulators into the need for tighter oversight of energy futures markets.
Duke Energy withdraws from Clean Coal coalition
US utility Duke Energy has withdrawn from the American Coalition for Clean Coal Electricity (ACCCE) because of constraints imposed by influential member companies who will not support passing climate change legislation in 2009 or 2010 the company said.