News
Trade in gold ETCs to rise by 60% this year, says Deutsche Bank
Gold exchange-traded commodities are set to grow in popularity despite the current lack of interest in commodities as an asset class
US financials a better bet than corporates, say investors
US corporate restructuring and balance sheet improvements have drawn investor focus to corporate credit. But technical factors make financials look attractive.
Time running out for UK energy supply security
Energy policy framework clarity is absolutely crucial to the future of investment in the UK energy sector, industry tells Minister for Energy
Basel III: Banks fret about return on equity
Investors could shun bank equity if higher capital levels cause returns to slip
EC finalises OTC rules, leaves key technical items to Esma
Corporate hedgers claim a victory, but details on clearing eligibility and thresholds to be tackled by new authority.
Solvency II: op risk standard approach capital too high under QIS5, says UK insurer
Questions remain on the calibration of capital requirements for operational risk under Solvency II's standard formula.
Pimco’s Andrew Balls talks about the European sovereign debt crisis
Balls says support packages "might just provide the opportunity for conservative investors to get out"
New clearing rules may make CDS prohibitively expensive, traders warn
Buy-side market participants are expecting increased operational costs when new regulation on central clearing of CDS contracts is implemented
Goodhart attacks new European supervisory structure
Academic labels three new watchdogs “a waste and a mistake”; former financial secretary Lord Myners scornful of Basel III
Triple hire for Macquarie Private Wealth Asia
Macquarie hires three senior executives to boost its private wealth operation in Asia
Citi Private Bank appoints new head for investment advisory in Asia
Roger Bacon will relocate to Hong Kong from London to head Citi Private Bank's managed investments unit
Société Générale adds three to strengthen flow derivatives and cash equities
Société Générale reinforces Asian cash equity and derivatives businesses with new appointments
IOR issues new guidance on governance in risk management
OR&R gets an exclusive preview of guidance paper from the Institute of Operational Risk to be issued on 15th.
BIS appoints new Asian Consultative Council chair
Japan's central bank governor will become new chair of BIS Asian Consultative Council
UBS names Alexander Kobler Asia head of investment products
Alexander Kobler is relocating to Hong Kong to head UBS investment products and services (IPS), a division combining all wealth management product and sales functions that was set up in January 2010
Impact of Basel III core capital standards remains unclear, analysts say
As governors back higher capital standards, ex-Bank of England special adviser argues economic impact remains difficult to pin down; commentators say reforms do not address risk attitudes
Europe to dominate structured products revenue pool, says JP Morgan
Structured equity derivatives will become even more Europe-dominated although the volume of structured products issued and the number of manufacturers may be limited by the implementation of new regulations, according to a report from JP Morgan
Structural shifts in equity flows and ETFs force up correlation, says HSBC
HSBC's global report indicates that correlation in the global equities market has been steadily rising since 2001.
UK Lehman administration considers spin-off
Specialist firm would provide complex derivatives valuation and advisory services.
iShares introduces the first euro high-yield bond ETF
iShares introduces the first euro high-yield bond ETF
Bank of America Merrill Lynch’s data convergence initiative takes off
Aim is to provide clear and entitled connectivity for data throughout the organisation
IEA: oil price volatility negated by non-OECD demand
The International Energy Agency (IEA) says that non-Organisation for Economic Co-operation and Development (OECD) countries’ energy demand negates the volatile effects following BP’s Gulf of Mexico oil spill
JP Morgan names Rahul Malhotra head of India uHNW business
India’s private wealth market grew by more than 50% in 2009, following a surge in its stock market capitalisatio, according to JP Morgan.