News
Sovereign CDS spreads widen in South-east Asia
The cost of credit protection on South-east Asian sovereign debt rose in European and Asian trading today.
Brindley leaves UBS for new pensions service at Mercer
Rupert Brindley has left UBS, where he was a managing director focussing on risk management and liability-driven investment strategies.
Morgan Stanley pays £1.4M fine, uncovers three rogue traders
Losses and Lawsuits
HSBC adopts SAS enterprise fraud system
Daily news headlines
Japan's Nomura posts record $7.3 billion loss
Losses and Lawsuits
'Disgraced' lawyer admits $400 million hedge fund fraud
Losses and Lawsuits
SEC investigates first CDS insider trading case
Losses and Lawsuits
NY attorney-general delves into BoA-Merrill merger
Losses and Lawsuits
SEC swoops on hedge funds
Losses and Lawsuits
Obama administration favours a single banking regulator
Daily news headlines
US arrests man for $7 million US Ponzi fraud
Daily news headlines
CEBS: bank disclosures lack detail
The level of disclosure in the 2008 annual reports of major banks was better than the preceding year, but there is still much room for improvement, the Committee of European Banking Supervisors (Cebs) said on May 28.
SEC charges brokers with CMO fraud
The US Securities and Exchange Commission (SEC) has charged 10 brokers from California-based Brookstreet Securities - a now-defunct broker-dealer - with fraud for mis-representing the risks involved in collateralised mortgage obligations (CMO) to…
LCH.Clearnet to offer SwapClear to the buy side
London-based clearing house LCH.Clearnet discusses with Risk its plans to make the SwapClear over-the-counter interest rate swaps clearing platform available to buy-side clients in the fourth quarter of this year.
Sheikh Yamani: Saudi Arabia unlikely to embrace oil futures
In an interview this week, former Saudi oil minister Sheikh Yamani told Energy Risk that futures trading on exchanges had turned the global crude oil market into a "casino".
Singapore and Indian commodity exchanges unite
The Singapore Commodity Exchange Limited (SICOM) and the National Commodity & Derivatives Exchange Limited (NCDEX) based in India have signed a heads of terms agreement that will allow certain products to be traded and cleared in both exchanges.
Macquarie to acquire Canadian energy firm
Macquarie Group has announced a C$116 million agreement to acquire Tristone Capital Global, a Canadian energy advisory firm, and create an integrated energy platform offering advisory, capital markets, research and trading expertise.