News
Total eyes growing Asia and China energy market
French energy giant Total takes a large stake in an Australian liquefied natural gas (LNG) project with an eye to growing energy demand from Asia and China
Stoxx launches country-specific and risk-controlled versions of Eurostoxx 50
Stoxx launches country-specific and risk-controlled versions of Eurostoxx 50
FTSE hires Filippa to head Italian business
FTSE has appointed a head for its Italian operations as it continues to invest in a market that now promises good opportunities in indexing and ETFs
BNPP's Franc moves to Wealth Management
BNP Paribas Wealth Management has bolstered its offering with the addition of Rémy Franc, previously head of equity derivatives sales and structuring for the corporate investment bank
US economy faces sluggish end to 2010
The Q2 slowdown in US growth is no short-term blip, according to investors.
Energy firms demand more clarity on Dodd-Frank reforms
Energy companies say key definitions in recently adopted US financial legislation are too broad or need clarifying, and call for additional 'trader' classification
BNP Paribas reshuffles global equities and commodities derivatives business
French bank BNP Paribas has reshuffled its global equity and commodity derivatives (GECD) business units and says there are no job losses
Hong Kong regulators warn market about synthetic ETFs
Hong Kong regulators have sent reminder letters and circulars on the business operations surrounding products denominated in renminbi and synthetic exchange-traded funds.
EDHEC-Risk slams France on commodity derivatives regulation
Influential risk management and analytics business school, the EDHEC-Risk Institute, has criticised France for its hardline approach to commodity derivatives market regulation on lack of evidence
Increasing FDIC’s powers could penalise senior debt holders
David Knutson, senior research analyst at LGIMA, says granting the FDIC powers to determine the priority of creditors’ claims in failing financial institutions would be a costly mistake.
Lax TSO rules could increase power and gas VAT fraud
Relaxed registration rules for Transmission System Operators (TSOs) could increase VAT fraud in the power and gas over-the-counter (OTC) markets as exchanges tighten controls, say analysts
Capital levels for Sampension would have tripled under Solvency II without retreat from intentional guarantees
Longevity component of Solvency II drives Danish pension fund away from hard guarantees
OECD urges IASB to review scheme definitions
International body says there is "a lot of confusion in the treatment of a lot of plans around the world".
Equities may have reached nadir - BlackRock's Doll
Commodity price increases may indicate improved economic prospects
Central banks are preferred regulators: CentralBanking.com panel
Charles Goodhart, Sir John Gieve and Paul Mortimer-Lee say regulation is best housed within the central bank but warn challenges remain
Swiss issuance paints a mixed picture
Highs and lows recorded for structured products, according to SVSP and Scoach figures.
SEC mandate over rating agencies strengthened by Dodd-Frank
Closure of SEC investigation into Moody's demonstration of the regulator's new powers under Dodd-Frank
Credit Suisse names Abbasi as new Asia chief executive
Hans-Ulrich Doerig, chairman of Credit Suisse, said the appointment will further strengthen the bank's management team in the Asia Pacific, a key growth region for the Swiss banking group.
Costs could deter hedge funds from learning Lehman lessons
Cutting counterparty risk has a price tag that might prevent smaller funds from changing their ways, experts fear
Chinese banks push non-resident accounts in reaction to HK remninbi challenge
Move by financial institutions on the mainland may blunt efforts by Hong Kong banks to establish the special administrative region as a pre-eminent centre for offshore renminbi trading