News
Basel Committee ready for new members
The Basel Committee on Banking Supervision is set to confirm the appointment of seven new members within the next fortnight, according to a senior committee official.
RBS names Aguais as credit portfolio analytics head
Royal Bank of Scotland (RBS) has appointed Scott Aguais as head of credit portfolio analytics for the credit risk executive team in the global banking and markets division.
CDSs on European financials tighten after G-20
The cost of credit protection on European financial institutions fell this morning following the end of the Group of 20 leading economies (G-20) summit in London yesterday.
Rabobank appoints leaders for revamped structured products group
Dutch banking group Rabobank has appointed three new heads for its newly integrated structured products group.
Fund managers switch focus to risk transparency
Daily news headlines
Cebs issues guidelines for European colleges of supervisors
Daily news headlines
Accounting boards: Spain's dynamic provisioning not the way forward
International accounting standard setters have warned that accounting for dynamic provisioning – rainy-day funds banks build up in good times to absorb losses in economic downturns – should not be recorded against profit and loss (P&L), as it is in Spain.
Emissions drop shows carbon markets are working, says Point Carbon
A 6% decrease on annual global emissions in 2008 in comparison to 2007 shows that the carbon markets are working, according to Point Carbon analysts.
CDSs on European banks narrow as stock markets rally
The cost of credit protection on European banks began to fall this morning following data from the US showing the rate of decline in the US manufacturing sector is decelerating, coupled with reports of UK house prices rising for the first time since…
Solvency II passed without group support
Daily news headlines
Massachusetts charges Fairfield Greenwich for "profound" due diligence failings
The Commonwealth of Massachusetts has charged New York-based hedge fund Fairfield Greenwich Group over allegations of a "profound disparity" between the due diligence the firm told investors it had conducted into Bernard Madoff, and the actual checks it…
UBS hires Credit Suisse banker for its executive board
UBS has appointed Credit Suisse's Ulrich Körner as group chief operating officer (COO) and chief executive of its corporate centre.
SEC official hopes G-20 will establish “broad parameters” for regulation
Ethiopis Tafara, director of the Office of International Affairs at the US Securities and Exchange Commission (SEC), expects the Group of 20 to establish a broad framework for regulation of financial markets over the next two days.
What's Happening and When
What's Happening and When
Changing Hats
Changing Hats
