British Bankers’ Association
GFI expands credit derivatives brokerage team in Asia
New York-based brokerage GFI Group is opening a Hong Kong desk to concentrate on non-Japanese Asian credit default swaps. The desk will serve Asian-based clients, adding to GFI’s existing credit derivative desks in Sydney, London and New York.
Sponsor's article > Credit derivatives: will the market keep expanding?
This article aims to give a brief overview of some of the main trends in the credit derivatives market and also proposes to analyse some of the underlying reasons why this market is experiencing such a boom.
Market mulls forex options benchmark
Standard foreign exchange options benchmark prices could be the answer to inaccuracies in marking exposures to market, but whether the move is possible is a matter for debate, according to senior options market participants.
The credit risk time bomb
Insurers remain very keen to both guarantee and invest in credit derivatives products, but key regulators are about to release reports indicating that risk transfer between the insurance and banking sectors might not be such a good idea.
UK expects EU countries to reopen Basel II arguments
LONDON – UK regulators expect that other European Union (EU) countries will try to reopen Basel II bank accord discussions within the EU framework, a senior UK supervisor said yesterday.
Banks advised to make Basel II views known in QIS 3
LONDON - Banks would be wise to make their views on the complex Basel II bank capital accord known via the key QIS 3 survey that’s due out on October 1, the UK’s chief financial regulator said today.
Regulator urges UK banks to look hard at EU capital proposals
LONDON – UK banks should look hard at a draft text of European Union (EU) capital rules that the European Commission plans to issue around the end of October, the UK’s senior financial regulator said today.
Insurers to have largest exposure to credit derivatives by 2004, says BBA
Insurance companies are expected to overtake banks for market share in the global credit derivatives market within a couple of years, according to a new report published by the British Bankers' Association (BBA) today.
UK bankers fear capital floors higher under latest Basel II plans
The British Bankers' Association (BBA) is concerned that global banking regulators appear to have raised and expanded the application of the capital charges floor in the Basel II bank Accord, a BBA official said today.
Will the latest delay sink Basle II?
Reactions to the latest delay in the Basle II banking accord timetable were mixed, with some bankers and regulators fearing the pact could unravel, while others were optimistic that the roadblocks to agreement would be cleared away.
Capital concerns
Basel’s proposals for banks involved in the repo markets have caused widespread dismay. As a result, trade organisations around the world are petitioning the committee for a wholesale rethink.
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