News
Deutsche Bank and PowerShares list first ETNs linked to foreign sovereign bond futures
Deutsche Bank and PowerShares list first ETNs linked to foreign sovereign bond futures
HKMA’s Yuen urges banks to take action now on Basel III LCR; warns of negative impact for corporate debt markets
Banks should begin preparing in earnest to meet the Basel III liquidity requirements as regulators begin the process of supervising banks’ compliance with the new rules, according to the deputy chief executive of the HKMA.
Morgan Stanley names Christianson and Strong co-CEOs Asia-Pacific
Morgan Stanley has named Wei Sun Christianson and William Strong as co-heads of Asia to replace outgoing Owen Thomas.
CDS spreads widen on Tokyo Electric Power Company
Ongoing radiation risk at Fukushima nuclear plant pushes up risk perceptions on Japanese power company
BoJ’s Miyao pledges continuity of settlements system during planned blackouts
Bank of Japan Policy Board member Ryuzo Miyao says in-house power generation at central bank branches would support settlements systems ahead of planned power shortages
EU Council leans towards special treatment for FX
Industry's concerns starting to be reflected in legislation proposals
CDS spreads on Japanese financials stabilise after earthquake
Risk perceptions start to steady on banks and insurance companies as Japan counts economic cost of natural disaster
Global events fail to rock dispersion trades
Recent global events have not dented the popularity of dispersion trades among hedge funds, claim bankers
Yen interbank funding market calm as government bond yields retrace
The reduced scale of hedge fund carry trade activities compared with previous crises such as the collapse of Lehman Brothers in 2008 has reined in potential increases in the yen libor rate and short-end JGBs.
HSBC names Conxicoeur global head of insurance at asset management arm
HSBC Global Asset Management has named Patrice Conxicoeur as global head of insurance coverage, and Julie Koo as head of institutional business Asia-Pacific. The moves come as part of a wider reorganisation of the unit.
Further uncertainty for US carbon trading
Californian carbon cap-and-trade scheme suffers legal set-back on road to 2012 start date
Sigor chair warns rising op risk losses not reflected in capital
Head of Basel op risk subcommittee notes rising losses in 2008 and 2009 compared with minimal capital growth
Portuguese CDS spreads climb after austerity measures voted down
The EU prepares itself for another sovereign bail-out after Portuguese parliament rejects tax rises and budget cuts
Prudential’s Thiam sees Asian infrastructure deals as ALM panacea; 340,000 Asia sales force 'completely insufficient'
Increasing numbers of infrastructure deals in Asian markets may help insurers meet their long-term liabilities, according to Prudential’s group chief executive.
OpRisk North America: Dodd-Frank clouds Basel III implementation
Requirement to remove credit ratings causing a headache for regulators
China and HK central banks close to finalising new CNH clearing arrangement
Market participants are close to completing the legal and operational details relating to a new custodian account arrangement that would allow the city's participating banks in offshore renminbi to take credit risk against the People's Bank of China…
Simplistic nature of Solvency II standard formula gives regulatory arbitrage potential
As the industry calls for less complexity in Solvency II, some are arguing the directive is already dangerously simplistic
German investors look to solar power and renewables for returns
German investors look into the Sun for infinite returns
CDS spreads narrow for Japanese insurers
Spreads for insurers decline in aftermath of earthquake, while Japanese sovereign spreads back on the rise
QIS 5 demonstrates EPIFP in Tier III for Solvency II not “economically consistent”
Montalvo moves closer to the industry’s position on future profits as Tier I capital – but does not agree that all should be included
Video: BlackRock's Deborah Fuhr on ETF development in Asia
Retail and institutional investors have increasingly embraced exchange-traded funds (ETFs) in Asia as a component of their asset allocation strategies
Nomura picks up on M&A theme with delta one public offer in Germany
Nomura picks up on M&A theme with delta one public offer in Germany
Diggle to re-launch Asia long volatility fund under new vehicle; inflation hedging another target
Stephen Diggle, co-founder of defunct Singapore hedge fund Artradis, which closed after incurring losses of $700 million, will re-launch an Asian long volatility fund under his new vehicle Vulpes Investment Management in May.
Asia tops regulated derivatives league table in 2010
Asia became the largest exchange-traded derivatives contracts market for the first time last year. It now holds top spots in terms of contracts volumes for equity, metals and foreign exchange products.