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FSA wants principles-based insurance regulation
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Swiss central bank chair rejects regulation of hedge funds
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Bear Energy launches in Europe
US investment bank Bear Stearns International has launched its European energy business with the appointment of Etienne Amic as head of Bear Energy in Europe. The European venture will offer structured origination and financial products, including…
US Futures Exchange to list wind derivatives
The U.S. Futures Exchange (USFE) says that it will list futures contracts on Nordix Financial Wind Indexes created by Weather Bid, that measure deviations from average wind speeds used in wind power generation.
Danske Bank team quits to launch derivatives boutique
Four senior derivatives specialists at Danske Bank have left to found an equity-focused derivatives boutique, Arctic Securities, in Oslo.
Bear shores up asset-management arm with new chief
Jeffrey Lane has taken over as head of Bear Stearns’ asset management division, in order to restore investor confidence in its hedge fund business.
Deutsche nabs UBS' Leung to head ABS trading in Asia
Deutsche Bank has hired Michael Leung in Singapore for the newly created role of head of asset-backed securities (ABS) trading for Asia excluding Japan.
SG CIB launches timer options
Société Générale Corporate and Investment Banking (SG CIB) has developed a new type of option that allows buyers to specify the level of volatility used to price the instrument. Timer calls are designed to give investors more flexibility and ensure they…
Businesses fear IT collapse more than terrorism
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Triple Point launches Commodity XL for Biofuels and Commodity XL Xchange
Triple Point Technology, a supplier of software platforms for the supply, trading, marketing and movement of commodities, has released Commodity XL for Biofuels. The platform is intended to address the rapidly escalating global market for renewable…
EDF Trading moves into biomass market
EDF Trading, the subsidiary of utility EDF responsible for wholesale market activity, has acquired biomass company Renewable Fuel Supply Limited (RFSL).
Financial services keep first spot in US and Asia CDS market
Financial services once again proved to be the busiest sectors of the credit default swap market in June in both the US and Asia, according to a report from US interdealer broker GFI.
Deutsche ETF juggernaut rolls on
Deutsche Bank has launched 11 exchange-traded funds (ETFs) across the bonds, inflation and money-market sectors.
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