News
iShares launches first currency-hedged ETFs in Europe
iShares has launched five equity ETFs with a currency hedge in response to demand from institutional investors
Evolving risks require new answers
The methods Asian energy and commodities companies use to finance and hedge projects have merged, says Natixis’s Asia-Pacific energy and commodities chief
Keep pre-Dodd-Frank swaps data for now: CFTC
CFTC deals with pre-enactment swaps reporting and tells energy companies to maintain required data until Dodd-Frank definitions are finalised
Basel liquidity rules hit fresh objections
A reworking of part of the liquidity coverage ratio is rejected by the Basel Committee
CFTC resurrects CCP ownership limits
Proposed limits on CCP ownership aimed at reducing conflicts of interest
Corporates to drive EM growth but watch financial market development, say Credit Institute panellists
Panellists in the Credit Institute forum on ‘Sovereign or Corporate, Global or Local’ said that corporates will drive credit growth in emerging markets, but investors cannot afford to ignore financial market development or to forgo due diligence.
Senate confirms two out of three Fed directors
Last-minute deal seats Yellen and Raskin, Diamond turned down
Gap between emerging and developed economies growing, says Credit Institute panel
Investors remain under-allocated to emerging market debt, despite emerging countries growing more rapidly – and, in many cases, boasting healthier balance sheets – than developed economies, panellists say.
Regulatory changes push OTC energy and commodities markets to Asia
The over-the-counter energy and commodities market is being pushed to Asia by fears over Western regulatory changes, says managing director of technology provider Trayport
Regulators must distinguish physical and financial energy transactions, says risk manager
Financial risk manager from the US’s largest utility, Southern Company, says regulators should make sure they make a distinction between physical and financial transactions before setting US regulatory changes in stone
US federal regulators endorse "appropriate" Basel III
Bair says evidence supported even higher capital requirements under revised Accord
Basel Committee sovereign debt plans criticised
Basel Committee’s proposal to increase bank liquidity through sovereign bonds could hinder efforts to meet capital ratio targets, conference hears
FSCS denies compensation on capital-at-risk Lehman products
The UK Financial Services Compensation Scheme has concluded that the marketing material for Lehman Brothers's capital-at-risk products was adequate and appropriate
Citi opens China desks overseas following Chinese companies' expansion
Citi opens hedging desks in Johannesburg, London, Sao Paolo and New York to help Chinese multinationals with hedging, cash management, trade and treasury services and lending activities
US equivalence "impossible" in forseeable future - Allianz CRO
CRO says lack of market consistency will prevent regime being granted equivalent status under Solvency II - and this will lead to European companies being disadvantaged
Carr joins Rabobank as head of ETF marketing
After leaving BNP Paribas in February, Matthew Carr has been appointed head of ETF marketing for Rabobank in London.
Sigor chair says Basel guidance on insurance as op risk mitigant imminent
Guidance paper approved by Basel Committee looks at insurance as a mitigant for AMA institutions
CME chief says central clearing house removes 'black swan' threat
Chicago Merchantile Exchange's (CME) Asia energy and metals chief says the group’s central counterparty clearing (CCP) house removes the possibility of a ‘black swan’ incident
Crédit Agricole moves Lainé to lead financials in Asia
Crédit Agricole moves Lainé to lead financials in Asia
Credit Suisse names Abbasi as new Asia chief exec
Credit Suisse names Abbasi as new Asia chief exec
HSBC AM names Asia sovereigns head
HSBC AM names Asia sovereigns head
Lombard Odier hires EM debt chief
Lombard Odier hires EM debt chief
MTS recruits new head of markets
MTS recruits new head of markets
Harrisburg woes spark fears of muni crisis
Harrisburg woes spark fears of muni crisis