News
Algorithmics patents operational risk capital modelling framework
Algos patents operational risk capital modelling framework
Former Dresdner Banker given record jail sentence for insider dealing
EX-Dresdner Banker gets record jail sentence
FSA fines pension-switching services £143,500 over bad advice
Customers were told to switch pensions regardless of situation or requirements, says regulator
Finra fines Lincoln Financial $600,000 for customer data failings
Finra fines Lincoln Financial $600,000 over info
AXA Rosenberg to pay $240m after failing to disclose coding errors
AXA Rosenberg pays $240m for failure to disclose code errors
SEC charges hedge fund four over insider dealing
Four US hedge fund managers accused of insider dealing
SEC charges IndyMac execs with securities fraud
SEC charges IndyMac three top execs with securities fraud
EC tightening of carbon spot market could threaten forward market
Industry experts are wary of European Commission proposals intended to bring additional safeguards to the spot market
RBS gold exchange-traded note aims to mitigate volatility
The third US-listed ETN from Royal Bank of Scotland tracks either gold or US Treasuries, giving investors access to a commodity while mitigating some of its volatility.
Nasdaq OMX to launch Nordic swap CCP
Stockholm-based service already has Swedish debt office on board. Launch planned for second half of 2011
BarCap’s Brown takes up Asian post
One of Barclays Capital’s most senior European traders, Conor Brown, has relocated to Singapore to head up the bank’s Asian credit trading business.
US: States rethink carbon trading scheme
New Hampshire House votes to leave RGGI, New Jersey could follow; change in states’ attitudes to cap-and-trade “not surprising”
Bahrain CDSs tighten again in quiet markets
Sovereign risk largely unchanged in early trading
Volatility spike boosts oil options trading volume to all-time high
The sharp increase in oil price volatility resulting from political upheaval in Libya and across the Middle East has helped push the volume of oil options traded to a new all-time high
Lyxor to launch five sectoral ETFs in Singapore
Lyxor will cross-list five Asian equity sector-based ETFs in Singapore from February 28. These are believed to be the first Asian sectoral ETFs in the region
CFTC divided on user fee for regulated entities
Commission split on budget proposal to part-fund agency with fees
Return to Glass-Steagall essential: Kansas City Fed’s Hoenig
Kansas City Federal Reserve president Thomas Hoenig says reform only scratches the surface without basic separation of investment, commercial banking activity for biggest banks
Lehman shortcut could slash value of derivatives claims
Proposed derivatives settlement framework may knock billions of dollars off dealers’ derivatives claims against the bankrupt estate
China leads the way as UK structured product providers try new underlyings
China leads the way as UK structured product providers try new underlyings
Middle East risk perceptions continue to rise
CDS spreads in the Middle East and eurozone are increasing as the price of oil spikes
UK assets in retail ETFs more than double that of a year ago, says iShares
The number of retail investors using ETFs is rising fast, boosted by regulatory initiatives such as the Retail Distribution Review and greater product knowledge among financial advisers.
Muted demand in Hong Kong for renminbi-denominated structured notes
Muted demand in Hong Kong for renminbi-denominated structured notes
World's first leveraged loan ETF will launch on New York Stock Exchange
Powershares expects leveraged loan ETF to appeal to mutual funds, hedge funds and individual investors.