News
Regulatory failures highlighted in Tarp Panel report
Daily news headlines
New legislation attempts to regulate hedge funds
Daily news headlines
US agriculture committee plans to ban naked CDSs
Daily news headlines
US Wrap: Week end fillip with 16 new issues
Issuance finally picked up in the US market yesterday with 16 new products launched by eight providers. S&P 500-linked products remain the firm favourite, with 13 of the launches offering exposure to the index.
Shorting still weak after UK ban ends
There has been little evidence of increased short selling activity on UK financial stocks since the Financial Services Authority (FSA) lifted its ban on the practice on January 16.
Fiscal strain poses challenges for monolines
Continuing fiscal strain has heightened concerns over the fate of the new municipal monoline bond insurers.
Mercuria opens office in Nigeria
Oil and petroleum products trading group Mercuria Energy will open an office in Abuja, Nigeria on February 5.
RWE Supply & Trading opens Dubai office
RWE Supply & Trading opened an office in Dubai this month to cover activities in the natural gas and LNG markets.
Mixed morning in CDS market
Market sentiment was varied in European trading this morning across industry sectors, including financials.
New Islamic head at Deutsche
Deutsche Bank's head of Islamic finance and head of structuring for the Middle East and North Africa (MENA), Geert Bossuyt, has left the bank, along with Ricardo Honegger, head of global markets, MENA.
Derivatives trades rise on falling rouble
Forex derivatives volumes have soared in Russia as investors react to the plunging value of the rouble.
City bonuses may not be closely regulated in the UK
Daily news headlines
Anger as Bank of America withholds bonuses after $4 billion Merrill payout
Daily news headlines
New US Treasury secretary publishes Tarp bailout contracts online
Daily news headlines
US Wrap: Issuers get bullish on S&P 500 recovery
Six products were launched into the US market yesterday, accelerating a subdued week. Morgan Stanley added to its previous launches with two reverse convertibles, while Credit Suisse and Goldman Sachs both launched accelerated growth products. Four of…
US agriculture committee plans to ban naked CDSs
The US House of Representatives Committee on Agriculture has published a draft bill seeking to limit the holding of credit default swap (CDS) contracts to market participants owning the bonds of the reference entity in question.
CDSs widen on European auto industry
The cost of credit protection on European auto manufacturers rose in early European trading today, reversing gains made yesterday, while Japanese corporates continued to suffer.