News
Basel II costs rising, says survey
New angles
Investors look to super-senior risk
New angles
IAS 39 pushes Europe back to basics
New angles
Clearing houses prepare to fight for FFAs
New angles
RiskNews
RiskNews
More renminbi appreciation expected
New angles
NatWest rattles Sabre in law firm claim
New angles
S&P calls for more risk disclosure
New angles
Four RBC derivatives staff fined C$312,000 over wash trading
Canadian regulators have fined four senior employees of RBC Dominion Securities a total of C$312,000 ($250,000) for 'wash trading' in shares of RBC and Bank of Montreal.
Deutsche's Beeston will head Creditex spinoff
T-Zero, a newly launched company spun-off from Creditex to improve credit derivatives processing, has named Mark Beeston as its first president.
Commerzbank hires Afaf to head forex options team
Commerzbank Corporates & Markets has hired Nasir Afaf from Rabo Securities as head of foreign exchange options. Afaf was previously Rabo's head of financial engineering in equity derivatives.
Industry group warns of risk of derivatives crisis
The derivatives industry urgently needs to improve its transaction handling and risk transparency if it is to avoid a crisis, an industry taskforce said yesterday.
Regulation tops risk managers’ concerns
Regulatory risk is seen as the most significant threat to business and a greater source of concern than country risk, market and credit risk, terrorism and natural disasters, a recent survey reveals.
Icap will use DTCC to process credit derivatives
UK inter-dealer broker Icap will use the Depository Trust & Clearing Corporation (DTCC) for post-trade processing of credit default product transactions from September.
JP Morgan nabs two from Lehman
JP Morgan has made two senior hires in trading and sales from Wall Street rival Lehman Brothers.
ABN Amro boosts ABS research
Christopher Anhamm, currently head of covered bond research at ABN Amro, has been given the role of head of European asset-backed securitisation (ABS) research.
UK banks set to spend £2.5bn on Basel II implementation, says Accenture
Complying with Basel II regulations could prove a long and difficult process, with UK banks estimated to spend £2.5 billion doing so, a new report suggests.