News
Questions remain over $1trn toxic asset purchase plan
New financial stability initiatives will see US banks required to implement stress tests to strengthen their balance sheets and the establishment of a pseudo "bad bank" fund that could buy up to $1 trillion of illiquid assets off of struggling financial…
IDCG names Ferber as general counsel and chief regulatory officer
The New York-based International Derivatives Clearing Group (IDCG) has appointed Laurie Ferber as its general counsel and chief regulatory officer.
FSA sets out scope of Turner Review on bank regulation
Capital adequacy and liquidity regulation are in need of urgent review as a result of the financial crisis, according to the UK's Financial Services Authority (FSA).
UK FSA proposes permanent short-selling disclosure
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FSA releases Financial Risk Outlook
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UK Treasury announces review of board-level risk
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US Wrap: Moving away from the S&P benchmark index
Diversification from products based on the S&P 500 marked last Friday, when six products were launched in the US Market, only two of which were based on the benchmark index. JP Morgan's Enhanced Return Strategy product was linked to the iShares MSCI Eafe…
Auction sets values on British Vita LCDS
Settlement values for loan-only credit default swap (LCDS) trades referencing UK chemical firm British Vita first and second-lien loans were established today at an auction jointly administered by data provider Markit and broker Creditex.
GFI's Asia head of oil broking departs
It has emerged that Jeremy Searle left his post as Asia head of oil broking at interdealer broker GFI in Singapore in December, but it is unknown what his next move will be.
US Wrap: S&P 500 products dominate
Deutsche Bank and JP Morgan were issuers for the five, S&P 500-linked products that made it to market yesterday. All five products are autocallable structures with capital at risk and around a two-year maturity.