News
Ex-Goldman programmer found guilty of code theft
Ex-Goldman programmer found guilty of code theft
FSA fines Aegon UK £2.8 million for multiple control failings
FSA fines Aegon UK £2.8 million for multiple control failings
Legal adviser to Kenneth Starr charged by SEC with aiding fraud
US SEC goes after Kenneth Starr’s lawyer
Unrealistic pricing expectations impede development of longevity swap market
Price expectations have played a crucial role for the relatively small number of longevity swap deals that have so far been completed
Changing Hats, January 2011
Changing Hats
Cebs offers advice on changing AMA models
Cebs offers advice on changing AMA models
Failed transactions render banks illiquid says consultancy
BPG: Failed transactions render banks illiquid
EU plans to standardise sanctions welcomed, but 'impractical'
EU plans to standardise sanctions welcomed, but 'impractical'
2011 stress tests will struggle for credibility, say experts
2011 stress tests will struggle for credibility
Bank of England's Bailey: UK PRA and banks will be 'heavily engaged'
BoE's Bailey: UK PRA and banks will be 'heavily engaged'
Bribery Act unlikely to see firms pursued for facilitation payments
Facilitation payment charges not likely under Bribery Act
In conversation with...Luke Spajic, Pimco
The head of European credit portfolio management at Pimco talks to Credit's Alex Monro about the ongoing Eurozone crisis, and the likely investment themes for 2011.
Sigor's new sound practices paper says boards must set tone at the top
Sigor releases revamped sound practices paper
Hedging spurs growth in credit swaptions
Market jitters and lower bid/offer spreads promote growth in credit swaptions
Nomura appoints Benson as vice-chairman, risk and regulatory affairs
Japanese firm names David Benson for London-based role.
Imbalances could treble in next two decades: Bank's Haldane
Bank of England executive director Andy Haldane charts course of global imbalances, pointing to trends likely to widen them
CDS on Portugal rise on Moody’s warning
Threat to A1 credit rating of the Portuguese government raises cost of credit default swaps.
Sigor tackles AMA range of practices in new consultation paper
Gives guidance on advanced approaches
Ernst & Young faces court over Lehman's repo scheme
New York attorney-general Andrew Cuomo sues accountants for signing off bank's plan to hide leverage
New year could see indemnification ILS deal
A new indemnification insurance-linked securitisation is under way and could put an end to a post-crisis dry spell in life ILS early next year
Hong Kong to get volatility index ‘early next year’
Hong Kong will get a real-time VIX index in the first quarter next year, according to Hang Seng Indexes.
Dublin deflects ECB criticism of bank law
Ireland’s finance ministry says central bank independence not threatened by bank bill; statement comes in response to wide-ranging European Central Bank critique of draft law
Credit default risk of Germany reaches new high
Debt protection costs rise across eurozone peripherals
National Grid: No gas supply emergency
UK’s National Grid reassures the market that there is no gas supply emergency despite gas demand soaring