News
KPMG and ORX complete investigation into global scenario analysis plans
Consultancy and industry body researched complexity and terminology of scenario analysis at large banks
Structured product investors hit by sharp fall in Japanese equities
Investors have likely taken hits on legacy structured trades, though bankers say it is too early to judge the full impact of the Friday earthquake on the Japanese structured equity market. There are some signs, however, that investors might already be…
Opposition grows to Prips risk indicator proposal
Publication of responses to European consultation paper reveals widespread dislike of risk indicator plans
Japanese CDS spreads widen as fears of nuclear disaster grow
Stock market drops while Japanese government implements economic stimulus in response to earthquake
Isda rules "no" on Irish credit event
Determinations Committee says treatment of IMF loan does not constitute a debt restructuring
IOR to open Nigerian chapter
Institute of Operational Risk setting up African base in Lagos, with UBA audit head at helm
SGX could expand clearing to Australia post ASX merger
SGX could expand its OTC clearing service to the Australian market once a decision has been made on a merger with ASX, but it also plans to add new currencies and asset classes – including forex forwards
Derivatives exchange volumes leap 26%
Derivatives exchanges report a spike in trade volume on the back of growth in Asia-Pacific and Latin America, and strength in the commodities sector.
ECB’s Bini Smaghi proposes single eurozone bond issuing agency
European Central Bank executive board member Lorenzo Bini Smaghi backs proposals for single eurozone government bond issuer; says agency could pave the way for a single European bond
Japanese CDS spreads increase in aftermath of devastating earthquake
Natural disaster increases Japanese risk perceptions, while spreads narrow in the eurozone
QIS 5 results demonstrate significant capital advantages for internal models
Internal model approach gets major capital advantage according to QIS 5 results
Japan injects ¥7 trillion; expands asset purchase programme by ¥5 trillion
Bank of Japan makes largest-ever same-day funds operation in bid to subdue market panic following Tohoku earthquake
BoJ leaps to action to soothe quake fears
Bank of Japan moves to assure investors that financial infrastructures are still working; central bank will work to maintain smooth liquidity, settlement conditions
BIS: Investors dumped rate protection in late 2010
Open interest in interest rate derivatives dropped again in Q4
EU's Libyan asset freeze casts cloud over hedge fund FM Capital
FM Capital - a UK hedge fund with ties to Libya - gets HM Treasury licence to keep trading, but dealers are wary
Portuguese CDS spreads widen in quiet eurozone markets
Ted spread on the rise as eurozone sovereigns remain stable
HSBC looking to expand into gas and coal
The bank has already added oil products to its offering through a partnership with Totsa, but is looking at other areas in energy and commodities markets
Transition Management Forum Asia 2011: Asset owners warned that fixed income transitions require different skill sets
Fixed-income investments are becoming increasingly popular in Asia, but less transparency in secondary fixed-income market trading compared with traditional equities means institutional investors need to pay particular attention to the ability of service…
Spanish downgrade widens CDS spreads
CDS spreads increase for several eurozone sovereigns as Moody’s downgrades Spanish credit rating
CME names Everaert OTC head
Michael Everaert has joined CME Group as head of OTC solutions
Op risk managers with regulatory focus can gain most in interim market
Risk managers with regulatory focus stand to gain most in interim market
Gender discrimination ruling leaves annuity providers confused over capital
UK annuities providers cannot price for gender, but must still reserve capital for it
Relative value opportunities remain in Europe’s periphery, says BlackRock’s Krautzberger
March is crunch time for peripheral Europe, but region offers relative value trades, says co-head of European fixed income at BlackRock.
Gas groups rethink regulatory issues
Global co-ordination needed between gas regulators and operators; international group to report on infrastructure and environment in 2012