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Convertible bonds issuance set to grow in second-half 2009
Investment rally in equities and credit keeps up momentum as investors benefit
Banks sign agreement to buy back Lehman minibonds
SFC, HKMA agreement is set to buy back Lehman minibonds, but market is feeling wary
Saudi Regulator punishes two over stock exchange offences
Losses & Lawsuits
HSBC insurance subsidiaries hit with £3m FSA penalty
Losses & Lawsuits
Group of 25 Faces allegations of $100 Million Mortgage Fraud
Losses & Lawsuits
HK pair plead guilty over market abuse
Losses & Lawsuits
US SEC charges 11 with insider trading
Losses & Lawsuits
FBI Arrests Russian over Goldman Sachs trade secret theft
Losses & Lawsuits
LSE fines stockbroker for allowing market rigging
Losses & Lawsuits
Banks resume multi-million dollar bonuses
Daily news headlines
House committee approves new powers to let regulators ban incentive pay
Daily news headlines
US Wrap: Market banks on S&P 500 growth
The US market has turned back to S&P 500-linked products, with accelerated growth structures linked to the index making up half of new issuance yesterday. Principal protected and autocallable structures were also launched on the index.
Primus restructures $1.2 billion of CDSs on monolines
New York-based credit derivatives product company (CDPC) Primus Financial Products has restructured $1.2 billion of credit derivatives protection the firm had written referencing a monoline insurer.
Bank of England to buy up commercial paper
The Bank of England yesterday announced its intention to buy asset-backed commercial paper from struggling UK companies in a continuing effort to increase the flow of credit, starting on Monday August 3.