News
Deutsche snaps up structurer Chan from BarCap
Susan Chan has left Barclays Capital and will take up the role of head of equities structuring at Deutsche Bank from September 1
Risk & Return Brasil: Supervisors need to be more curious, says Maia
Authorities should put less faith in numbers and what they are told by banks, says top Brazilian supervisor
LCR should include equity, says ACP’s Nouy
Basel III liquidity coverage ratio should admit equities with significant haircuts, says Danièle Nouy at the Autorité de Contrôle Prudentiel
Multi-alpha strategies dominate commodity index developments
Banks are developing combined index strategies that allow investors to access a broader range of trading styles to maximise alpha
Dow Jones launches currency-hedged versions of Dow Jones-UBS Commodity Index
Dow Jones has integrated a currency hedging mechanism into its benchmark commodities index to meet demand from non-US dollar investors
Op risk needs greater R&D effort, say US regulators
Senior Fed regulators call on banks to restart research into op risk management
People: King crowned head of ETNs at Credit Suisse
Greg King's arrival at Credit Suisse is one of many recent moves in the structured product and ETF markets
Aramco Trading advances towards launch
More demand for trading systems from Middle East expected as Aramco Trading selects ETRM system
CFTC to provide Dodd-Frank deadline exemptions today
Dodd-Frank deadline exemptions should limit market disruption, but more clarity on rules and timings needed, says CFTC commissioner Scott O’Malia
Basel III liquidity rules won't be watered down in Europe, says ACP's Nouy
Autorité de Contrôle Prudentiel secretary-general Danièle Nouy says looser language in the CRD IV draft won't ultimately mean weak rules in Europe
M&G adds restructuring lawyer to debt workout team
Mustafa van Hien joins UK fund manager from Jones Day
China banking regulator eases lending rules for small businesses
The China Banking Regulatory Commission has eased regulatory capital requirements on the small business lending activities of banks, effectively carving these out from loan-deposit ratios. The move looks set to bolster lending to small enterprises while…
Industry chiefs call for Asian credit rating agency; 'big three' too ‘US-centric’
Senior industry figures in Asia, including outgoing SFC chief Martin Wheatley, say Asia needs an internationally recognised ratings agency to compete with Fitch, Moody’s and Standard & Poor’s.
Emerging risk detection continues to pose dangers
Regulators keen to see evidence of how institutions identify emerging risks in next round of stress tests
Basel Committee continues to reject equity for the LCR
Equities do not have the necessary characteristics to be included in the liquidity coverage ratio, says general secretary Stefan Walter – but some banks disagree
Ex-IMF adviser calls for 'hard rules' on cross-border resolution
Former IMF adviser Rosa Lastra says international regulatory framework should apply 'hard' rules on cross-border resolutions
Leuschke quits RBS
Royal Bank of Scotland loses its global head of foreign exchange sales
OpRisk Europe: Revised ORX reporting standards due imminently
New standards will clarify definitions and requirements for reporting to loss data consortium
OpRisk Europe: Reporting key to competent risk management
Reporting is key to competent risk management, yet is often neglected, New York Fed op risk specialist warns
OpRisk Europe: Fairness fights fraud, conference told
Firms can mitigate the risk of employee fraud by paying attention to their infrastructure and culture and also to the employees themselves, according to psychologist Adrian Furnham
JP Morgan bolsters Asia equity derivatives team with two new hires
JP Morgan has added to its equity derivatives group in Asia by raiding Goldman Sachs and Morgan Stanley
Industry resists Dodd-Frank real-time reporting
While the Dodd-Frank Act calls for real-time trade reporting, industry insiders argue it will be misleading
Position limits will feed risk into real economy, say energy companies
Energy market participants have expressed doubt that European position limits proposals will achieve reductions in market volatility, and warned of unintended consequences for end-users' risk management
OpRisk Europe: Incorporating legal risk "not a done deal" at Deutsche
Rob Nagra of Deutsche Bank tells of the tough journey Deutsche have had to get legal risk recognised as operational risk, while another international bank has found it easy