News
New global head of structuring at Deutsche Bank
The former emerging markets head at Credit Suisse, Ram Nayak, has joined Deutsche Bank as global head of structuring.
UK House of Lords criticises EC's regulation proposals
Daily news headlines
UBS and Credit Suisse poised for tighter regulation
Daily news headlines
Obama proposes sweeping changes to US regulation
Daily news headlines
Barclays ATM fault affects millions of consumers
Daily news headlines
US Treasury would support future SEC/CFTC merger, hints Geithner
Plans to merge the Securities and Exchange Commission (SEC) with the Commodity Futures Trading Commission (CFTC) could still be realised in the longer term, despite the decision by US authorities not to pursue such measures as part of their current…
Obama reform plans show no progress on OTC derivatives clearing
The Obama administration's much-hyped regulatory reform proposals disappointed over-the-counter derivatives dealers and end users yesterday by again failing to provide new details on how OTC markets with mandatory central clearing would operate.
Joint clearing venture for NYSE Euronext and DTCC
NYSE Euronext and the Depository Trust & Clearing Corporation (DTCC) will join forces to clear US fixed-income derivatives.
Bluenext announces deal with Chinese exchange
NYSE's Bluenext and the China-Beijing Environmental Exchange (CBEEX) have signed an agreement to set up an international information platform for Clean Development Mechanism (CDM) projects.
Deutsche Börse introduces real-time information trading product
Deutsche Börse Market Data and Analytics has introduced a product that provides fundamental data for electricity trading and real-time data for the European power market.
Dow and Gazprom sign carbon project agreement
Dow Chemical has signed an agreement with Gazprom Marketing and Trading (GM&T) to develop and implement greenhouse gas reduction projects.
Orbeo acquires OneCarbon
French carbon trader Orbeo has bought global carbon project originator OneCarbon, a subsidiary of Dutch sustainable developer Econcern Group.
Lukken leaves CFTC for NYSE Euronext
Walter Lukken, a commissioner and former chairman of the US Commodity Futures Trading Commission (CFTC), will leave the regulator on July 10.
Lawyers highlight grey areas in securitisation regulation
Securitisation regulation recently passed by the European Union could have problematic legal implications for originators and investors, according to lawyers.
CDS spreads widen on US banks
The cost of credit protection on US financials rose in Asian and European trading today following President Obama's reform plans, unveiled yesterday.
Cesr releases consultation on Ucits risk management
The Committee of European Securities Regulators (Cesr) has released a consultation paper in response to the European Commission's request for technical advice on Level 2 implementing measures for modifications to the Ucits directive.
Q&A: Basel Committee's Walter outlines Basel II reform agenda
In an exclusive interview with Risk , Stefan Walter, secretary general of the Basel Committee on Banking Supervision, discusses everything from capital to cyclicality while outlining the reform agenda for Basel II.
Isda aims to improve collateral management processes
The International Swaps and Derivatives Association’s collateral committee has revealed a set of goals for improvements to collateral management processes.
US securitisation regulation will force 5% retention
US regulators will require originators and sponsors of securitisations to retain 5% of securitised exposures and increase transparency of transactions, according to a leaked draft of a US Treasury report on improving the regulatory system, due to be…
Waxman-Markey early action provisions criticized as unclear
Industry commentators have spoken out about the provisions for early adoption of carbon emission reduction strategies in the cap-and-trade legislation currently going through the US House of Representatives.
S&P downgrades 18 US banks to reflect 'new reality'
New York-based rating agency Standard & Poor's (S&P) has cut its ratings on 18 US banks - a decision reflecting less-favourable operating conditions, greater volatility in financial markets and tighter regulatory supervision, according to the firm.
S&P: Market confidence in UK RMBS makes slow return
There has been some improvement in worst-case expectations for defaults on UK residential mortgage-backed securities (RMBS) in the second quarter, according to research by Standard & Poor's Fixed Income Risk Management Services.
CDS spreads widen on US banks
Market sentiment worsened today towards US financials as President Obama laid out plans for a new system of US financial regulation.
Cebs issues guidelines for revised large exposures regime
Daily news headlines