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Isda AGM: trillions in derivatives torn up since June
Multilateral tear-up efforts continue to bear fruit, with notional outstanding reduced by several trillion dollars, according to a report released by the International Swaps and Derivatives Association at its annual general meeting in Beijing.
CDS spreads stabilise on financials
Market sentiment remained steady this morning towards US and European banks.
PPIP participants possibly exempt from compensation limits
Asset managers that participate in the Public Private Investment Program (PPIP) with the US Treasury will probably be exempt from executive compensation limits imposed on private entities that have accepted government bail-out funds, Treasury secretary…
Isda AGM: China on course to further develop derivatives
The Chinese authorities are supportive of the development of a bilateral derivatives market in the country, despite losses suffered by corporations, asset managers and individuals from derivatives-linked products during the past year.
Rajendra joins Henderson Global Investors in structured products
London-based asset manager Henderson Global Investors has appointed Ganesh Rajendra in a newly created role as head of advisory and research within its structured products team.
Freddie Mac's acting CFO dies
David Kellermann, the acting chief financial officer of US government-supported mortgage buyer Freddie Mac, has died.
Singapore Mercantile Exchange appoints new CEO
The Singapore Mercantile Exchange (SME), the commodity derivatives exchange, has named Thomas McMahon as its first chief executive.
European Commission calls for evidence on review of the Market Abuse Directive
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US Treasury failing on Tarp oversight, report finds
The US Treasury's $700 billion Troubled Asset Relief Program (Tarp) is vulnerable to fraud, abuse and profiteering, due to a lack of proper supervision, according to a highly critical report from the programme's inspector-general published today.
China at forefront of clean coal technology
China is leading the way in developing new cleaner coal technologies according to the International Energy Agency (IEA), which says that advanced technologies with higher efficiency levels and the potential to reduce CO2 emissions are already widely used…
Thomson Reuters upgrades multi-asset class transaction service
Global information company Thomson Reuters has upgraded its multi-asset class transaction service Reuters Trading for Exchanges (RTEx).
Markit names McPherson head of structured finance pricing services
London-based data provider Markit has appointed Neil McPherson as managing director of its structured finance pricing services.
New CEO for Fannie Mae
Michael Williams has been appointed president and chief executive for US mortgage lender Fannie Mae.
CDS spreads widen on US financials
The cost of credit protection on major US banks rose further in early European trading today as the market exercised caution over the recent flurry of positive first-quarter earnings.
Cebs releases finalised remuneration principles
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Economic slowdown is top risk facing global businesses
The economic slowdown, regulatory/legislative changes and business interruption have been identified as the top three risks facing companies in the 2009 Global Risk Management survey conducted by risk management consultancy Aon.
CDS spreads widen on US financials
The cost of credit protection on major US banks rose today despite continued positive first-quarter earnings.
TriOptima targets swaps tear-up for mainland China and Taiwan
Swedish post-trade services group TriOptima plans to launch renminbi and new Taiwan dollar interest rate swaps (IRS) termination services in the second half of this year. The company currently offers its services across 19 currencies, including seven…
SG CIB tries to fix variance swap flaws
In the wake of hefty losses for sellers of variance swaps as volatility spiked last year, Société Générale Corporate and Investment Banking (SG CIB) is touting products that might make selling variance more palatable for investors.
ANZ appoints Australia CRO
Australia and New Zealand Banking Group (ANZ) has made two appointments in its risk management department, who will report to the bank's chief risk officer Chris Page.
ETFs resilient despite downturn, according to BGI
Exchange-traded funds (ETFs) continue to hold up well in the face of the recent economic downturn, according to research on the industry covering the first quarter of 2009 by San Francisco-based Barclays Global Investors (BGI).
Bafin launches market abuse probe
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Liquidity regulation to cost £700 million and 15 man-years of work
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FSA publishes proposals for liquidity risk standards
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