News
MF Global: non-US clients caught in cross-border collateral trap
Omnibus structure meant clearing clients of MF Global outside the US were asked to double up on collateral payments. Use of the structure for OTC markets is now in doubt
Record HSBC fine shows FSA getting tough on retail conduct
Experts believe multi-million-pound fine issued to HSBC to be continuation of FSA focus on banks' retail failings
Germany downgrade threat sees eurozone CDSs widen
Eurozone CDS spreads were back on the rise today after Standard & Poor's warned it could downgrade 15 eurozone member states, including Germany
European Commission draws up new list of countries for Solvency II equivalence
Decision on Bermuda, Japan and Switzerland equivalence to be taken once Level 2 measures agreed
Dutch regulator urges insurers to report under Solvency II in 2012
Reporting under market-consistent framework would assist transition to new regime, says DNB
LCH.Clearnet appoints new CEO of CDSClear
UK-based clearer appoints Markit's former fixed-income director as chief executive of CDS clearing service
SGX hires new regulatory and risk management chiefs
Singapore Exchange names Richard Teng as deputy chief regulatory officer and Sonia Zhang as head of risk management
Change to Japan clearing mandate ends LCH-JSCC talks
A decision to limit the scope of Japan's clearing mandate has torpedoed months of partnership talks between LCH.Clearnet and the Japan Securities Clearing Corporation
Eurozone CDS spreads fall on French-German fiscal deal
Risk perceptions in the eurozone fell today as France and Germany agreed new treaty plans that will sanction fiscally irresponsible member states
Solvency II for pensions could be ‘killer blow’ for UK schemes
Solvency II for pensions could be ‘killer blow’ for UK schemes
Trade bodies gear up for Solvency II impact studies
Trade bodies gear up for Solvency II impact studies
Capital levels hold up despite euro crisis as insurers de-risk
Capital levels hold up despite euro crisis as insurers de-risk
Investment structure key to attracting pension funds to UK infrastructure plan
Investment structure key to attracting pension funds to UK infrastructure plan
Nomura appoints new equity derivatives co-head
Japanese bank hires Steven Downey as head of equities trading for Europe, the Middle East and Africa and co-head of derivatives
Forex infrastructure providers testing for eurozone worst-case scenario
Panellists at FX Week Europe discuss the implications for the forex market of a possible exit of one or more eurozone members from the single currency
CLS pushing 'transformation' agenda, says Bozian
The central settlement utility is feeding greater resources into expanding its universe of currencies, according to chief executive Alan Bozian
US SEC shows off first results of new analysis programme
"Aberrational performance" detected in four funds
Energy Risk - Trading positions - December 2011
Energy Risk catches up with the latest appointments, promotions and departures in global commodity markets
Energy traders await position limits with apprehension
Energy traders await position limits with apprehension
Repeal of Dodd-Frank's swaps push-out seen as unlikely to pass Congress
Despite positive vote by House subcommittee, lawyers say a bill repealing section 716 of Dodd-Frank will not pass
CPI-linked gilts will not be issued next year, says government
Concerns over unsustainable demand and market fragmentation halt issuance of gilts linked to consumer price index
Eurozone debt writedown could cost insurers €143bn
Prolonged low interest rates could threaten insurers’ solvency, Swiss Re warns
Miskovic steps down as UBS risk chief
UBS chief risk officer leaves after September rogue-trading losses
Mixed opinion over compensation for energy intensive firms
The recently released autumn statement shows compensation will be offered to energy-intensive companies as a result of UK climate policy, but questions remain around the details of the initiative and the level of compensation on offer