News
Industry prepares for OTC regulation debate
The US Government has initiated what is set to be a lengthy and complex debate over proposals for the regulation of over-the-counter derivatives, finds Pauline McCallion
Majors' contango play set to fade
Oil companies that profited from storing oil amid falling prices are unlikely to to see similar returns as the longer-term economic picture begins to brighten. Pauline McCallion reports
Steel industry looks to iron ore swaps
Steel producers remain sceptical of the benefits of hedging with futures contracts. Now interest in iron-ore derivatives could offer another way for steel players to hedge risk, finds Katie Holliday
S&P to launch carbon risk service
Standard & Poor's is set to launch Copra, a new risk assessment tool offering independent assessment of CER delivery risk for CDM projects
Credit Suisse hires investment banking head for Americas
James Walker has joined Credit Suisse as head of investment banking operations for the Americas and head of global over-the-counter operations.
CIBC appoints new global head of structuring
Canadian bank CIBC has appointed Bill Bamber as global head of structuring. He will be responsible for the bank's multi-asset structuring group.
Banks' CDS spreads narrow
Market sentiment improved towards European and US financials in European and Asian trading today.
UK pension BPA market to halve in 2009, predicts LCP
The market for transferring UK pension scheme risk to an insurance company could fall to £4 billion this year, which would be approximately half the level of 2008, according to a report published today by London-based actuarial consultancy Lane Clark &…
FSA aims to prolong short-selling disclosure
Daily news headlines
CDS: Tighten as recession fears recede
Credit default swap 5-year mid-levels for structured products issuers (May 29)
CDS: Spreads rally on equities and postive China data
Credit default swap 5-year mid-levels for structured products issuers (June 1)
US Wrap: S&P 500 still dominates growth products
The S&P 500 continues to dominate growth products, despite the illusion of index diversity. Morgan Stanley launched a three-year leveraged participation note ahead of the weekend which linked to three indexes: the S&P 500, the Nasdaq 100 and the MSCI…
Powell departs Arc Capital
Chris Powell has departed Arc Capital and Income (ACI), the UK structured products distributor, where he was managing director. Powell has left the company with immediate effect to pursue other avenues in financial services, says ACI. His replacement has…