News
EC right to block Deutsche Börse-NYSE Euronext deal – Icap's Spencer
Allowing the German and US exchanges to merge would have created a monopoly in European futures markets, says Icap’s chief executive – who also criticises CME Group's dominance of US futures
Record fine for fraudulent CEO 'not enough', says expert
FSA fine for ex-JC FLowers chief executive 'does not show credible deterrence'
Esma aims for the middle ground with draft ETF guidelines
European Securities and Markets Authority reveals its long-awaited consultation paper on Ucits exchange-traded funds
Former Thomson Reuters risk business on the lookout for acquisitions, says CEO
Thomson Reuters completes the sale of its trade and risk management business to Vista Equity Partners, and the new company – called Turaz – already has its eye on acquisitions, says chief executive Bret Bolin
Cash-rich insurers eye loan books of de-leveraging European banks
Cash-rich insurers eye loan books of de-leveraging European banks
Structured products linked to real assets and credit back on the menu in Italy
The Italian structured products market is seeing a pick-up as institutional investors demand exposure to physical assets and credit
Swedish regulator eyes blanket ban on distribution fees
The ban on distribution fees being considered in Sweden could "substantially" affect the country’s retail structured products market, warn market participants
FSA guidance on liquidity swaps imminent following meeting with banks and insurers
FSA guidance on liquidity swaps imminent following meeting with banks and insurers
On the move
On the move
Neviaski named as CEO at GDF Suez Trading
Edouard Neviaski will begin his role as chief executive at GDF Suez Trading
Nordic region sees surge in demand for credit and commodity-linked products
Tough equity markets are driving increased demand for credit exposure and cross-asset baskets in the Nordic region, where a stronger risk appetite is in evidence
Arguments on artificial volatility dampeners must focus on fundamentals, warns Skinner
Arguments on artificial volatility dampeners must focus on fundamentals if political consensus is to be reached, warns Skinner
Internal fraud will rise in 2012, experts warn
Internal fraud is on the increase in the face of downsizing and recession, according to industry experts
Near-record fines indicate FSA's harsh approach to market abuse
Latest fines include second-highest individual market abuse penalty so far
Adoboli pleads 'not guilty' to UBS fraud charges
Alleged 'rogue trader' enters plea at third hearing
CCIL’s Roy: CCP settlement for Indian CDS three years away
The Indian CDS market, which started trading at the end of last year, will need three years before trades can start being cleared through a central counterparty, says clearing house CRO
Basel guidance on settlement risk delayed until June
Updated guidance on foreign exchange settlement risk from the Basel Committee and CPSS was originally expected by the end of 2011, but now has an expanded remit
Asia learning from Europe’s mistakes, says Malaysia’s top central banker
Countries in Asia are learning lessons from Europe, where financial integration has led to costly implications, according to Malaysia’s Akhtar Aziz
FSA reveals regulatory mission
FCA's Martin Wheatley says the FSA's power to ban investment products will not be used lightly or without good reason, tempering some of the statements emerging from the UK regulator over the past year
Sarfati to move on as Société Générale rings the changes
Arnaud Sarfati will leave SG CIB after the latest restructure, which sees the number of co-heads at the bank dramatically reduced
Delay to Solvency II is ‘pure speculation’, says European Commission
But MEP Peter Skinner says European Parliament vote cannot be delayed again
State Street unveils global cloud technology for ETF servicing
State Street has expanded its servicing capabilities to enable daily ETF monitoring, from basket-creation through to trade processing and settlement
US natural gas price rally set to be short-lived: analysts
Planned production cuts by US natural gas firms will not be enough to keep natural gas prices supported this year, and analysts say that record storage levels and mild weather could push New York Mercantile Exchange Henry Hub prices below $2 per million…
Basel Committee considers use of credit ratings in LCR shake-up
The scrapping of the level 1 and level 2 distinction for liquid assets is also discussed as the committee reviews the liquidity coverage ratio