News
Korean retail market boosted by influx of institutional money
Korean retail market boosted by influx of institutional money
Deutsche and Barclays suspend ETNs
Deutsche and Barclays suspend ETNs
Equity structuring resurfaces as Japanese investors hunt for yield
Japan has emerged as a fertile market for equity funds and now a structured equity fund has also caught the eye of Japanese investors hungry for yield in a low-interest environment.
Canada pressed to develop inflation market
Current issuance of inflation-linked bonds is too meagre to meet demand from domestic and international investors, say market participants
EBA to launch new stress tests
European Banking Authority unveils timeline for second round of EU-wide stress tests with launch set for Friday; first executive director and internal committee named
Ex-CFTC enforcement head: Dodd-Frank anti-manipulation standard unclear
Anti-manipulation proposal could be challenged if made law; former CFTC enforcement director calls for clear standard based on precedent
Verdicchio joins Vulpes Investment Management
Bert Verdicchio has joined Vulpes Investment Management as chief risk officer
Middle East CDS markets steady despite Egyptian cabinet reshuffle
Egyptian prime minister resigns as spreads stay stable in Middle East and eurozone
Moody’s op risk guidelines hit 134 transactions in Europe
RMBS, CMBS and ABS deals placed on review list until September for op risk weaknesses
Map of global banking network shows climb in contagion since late 1980s
Bank of England paper uses BIS banking stats to show potential for cross-border contagion has been rising for past two decades, reaching its apogee at the time of the Lehman Brothers’ collapse
EBA stress tests start tomorrow
Banks to be given details by end of Friday
BoAML debuts cross-currency swap with corporate onshore in China
Bank of America Merrill Lynch has conducted what is believed to be the first currency swap in China with a corporate client after Safe gave the green light for such transactions to start trading on March 1.
Société Générale lists first actively managed ETN
Société Générale has partnered with asset manager Parkstone to develop an ETN based on an actively managed strategy, the first in a planned suite of ETNs from the bank.
BoAML snares Koder to run global corporate and investment banking for Asia
Appointment highlights that Bank of America Merrill Lynch views the Asia-Pacific region as one of the most compelling growth opportunities for its business, the US bank says.
StanChart to repurchase HK$1.48bn of Lehman ELNs; regulatory probe continues
Standard Chartered has reached a resolution with the SFC and HKMA to repurchase HK$1.48 billion of equity linked notes issued by Lehman Brothers but admitted no liability related to mis-selling the notes. Regulators said the bank should have performed…
People moves
Armes leaves Morgan Stanley for Brevan Howard
Calpers confirms Jensen as chief risk officer
Jensen will head California state pension scheme's risk office
BNP Paribas awarded third-party clearing waiver by SFC; predicts tectonic shift in clearing practices
BNP Paribas Securities Services has secured a waiver from the SFC, which could mark a turning point for the outsourcing of clearing services in Hong Kong
Julius Baer names Peter Siber as its first chief risk officer for Asia and the Middle East
Julius Baer said the appointment of a chief risk officer for Asia and the Middle East reinforces the Swiss private bank's commitment to growth in the region.
Dodd-Frank hinders new ODSG commitments
Rulemakings are undermining progress, dealers say
Experts discuss need for commodity speculation
Squeezing out speculative capital will affect commodity market liquidity, regulator must engage with market to prevent unintended consequences
ETF Securities provides access to infrastructure sector
ETF Securities has launched two ETFs based on the growing infrastructure sector, which will require $2 trillion of investment every year until 2030, according to OECD estimates.
US power M&A: lively activity expected in 2011
US power M&A: lively activity expected in 2011
Oil options “frenzy” as corporates shift hedges in response to Mideast crisis
Mideast and Libya crisis fuels oil options “frenzy”