News
European bail-in buffers may stretch market-making capacity
New Basel capital exemptions could be too small if all EU banks have to issue bail-in bonds
People: Ramambason joins StanChart as head of XVA
Head of financial markets leaves StanChart; SocGen management shuffle; Lake leaves HSBC
Esma set to backtrack on mandatory asset segregation
Maintaining the status quo would avoid disrupting securities financing and collateral reuse
Andrew Bailey looks to reboot UK conduct regulator’s ‘mission’
New chief executive seeks to clarify approach after stumbles in past years
Clamour grows for US Treasuries clearing mandate
HFT default could destabilise interdealer markets, participants fear
Rating aggregation flawed, but better than nothing, researchers say
New research finds errors still substantial even after combining ratings
New hedge fund plans on grabbing flash-crash profits
Manager says systemic risk has reduced, creating opportunity in sell-offs
ECB's bank watchdog warned on NPL clean-up drive
SSM may need clearer enforcement process to boost bad loan provisioning, says regulator
FSOC focuses on non-cleared trades in buy-side Sifi debate
CFTC chairman sees ‘very important distinction’ in cleared versus uncleared trades
US Treasury: prepare for a post-Libor world
Senior official urges participants to adopt new benchmark
Tweaks to standard op risk method not enough, experts warn
Basel Committee to integrate insurance and divestitures, but SMA still lacks forward-looking approach
Buy side turns to credit skew notes for yield pick-up
Revival of credit derivatives arbitrage strategy targeted at insurers and private banks
Energy risk teams explore use of KRI metrics
KRIs show particular promise for managing operational risk
LCH to revise margining after Brexit backlash
Excess intra-day margin will offset other collateral calls from November 3
CCPs defend direct clearing models for the buy side
FCMs unsure if direct margin posting will deliver capital savings
BoE plans could force change to Libor-Sonia swap payments
Reformed Sonia proposals may see floating-leg settlements delayed
LCH under scrutiny after outsized Brexit margin calls
Intra-day calls criticised by banks; FIA working group pushing for change
Netting questions linger in Asia margining rules
Hong Kong set to exempt non-netting trades from margin regime, following Australian position
People: JP Morgan names equity co-heads to replace Throsby
Leung and Sippel new equity co-heads; BNY Mellon's new Apac chairman; StanChart's commodities head; and more
Banks test blockchain potential for real-time market surveillance
Regulators can monitor a million active trades and hundreds of messages per second in swap test
Emir review could enable EU clearing land grab
Experts say 2015 ECJ ruling may not protect London euro clearing if the UK leaves the European Union
StanChart hires Ramambason as head of XVA
Ramambason to lead newly created XVA desk
Asia resolution rules risk conflict with G-Sib home regulators
Branches fear local regulators could ask banks for confidential home market information
Hedge funds seeking cheap hedges for Italian referendum
Buy side turning to Brexit-inspired hedges for political tail risk