Citi
Dealers tout dividends despite slide
The recent collapse in the value of dividends is a reminder of painful 2008 losses for dealers – but the industry says long positions will make money in any scenario short of catastrophe. Mark Pengelly reports
Greater focus on OTC derivatives op risk required in Asia – Celent
Market participants in Asia need to focus more on operational risks associated with their resurgent OTC derivatives trading volumes, especially as the market moves towards trade repositories and central counterparty clearing, according to a new report…
On the move
On the move
Credit Risk USA: Basel trading book regime attacked by dealers
CVA charge and Basel 2.5 rules incoherent and over-complicated, say dealers
Citi reveals dedicated quant investment strategies group
The shake-up at Citi now incorporates a new group, which will specialise in providing indexes and strategies
Nordic region sees surge in securitised derivatives and structured product issuance
Market volatility and increased competition in Nordic markets drive trading spike in securitised derivatives and number of structured products
Foster pleads guilty to $22m fraud
Former vice-president of Citigroup's treasury finance department admits embezzlement
People: Citi ramps up listed and OTC clearing
Citi ramps up listed and over-the-counter clearing
Public sector funds eye LDI techniques
For the public benefit
Global Custody Survey 2011
Global Custody Survey 2011
European debt twilight zone claims Société Générale
Markets turn against French banks in general - and SG in particular - on a day short on solid news and long on rumours
US bank CDS spreads spike following US downgrade
Spreads on Bank of America spike following US debt downgrade and news of AIG lawsuit; other US names also widen
Morgan Stanley and Credit Suisse choose EuroCCP under interoperability
Banks such as Morgan Stanley and Credit Suisse have chosen EuroCCP to clear their trades under new system of interoperability
Risk Australia Rankings 2011: Internationally connected
High interest rates, a strong currency, and rapid increases in volatility amid turmoil in European and US debt markets have resulted in another challenging year for the derivatives dealers and brokers in Australia. During a period that saw foreign banks…
Former Citigroup employee charged with fraud
Former vice-president of Citigroup's treasury finance department charged with bank fraud
Foreign banks get temporary respite from China’s new ‘Volcker rule’
Foreign banks in China, particularly thinly capitalised branches that are not locally incorporated in the country, greeted a decision by China’s banking regulator to postpone rules aimed at limiting non-hedging business onshore with relief this month…
Citi launches onshore real-denominated structured fund
Citi launches onshore real-denominated structured fund
UBS appoints Rainer Ruecker as head of public distribution trading
Rainer Ruecker has joined UBS to lead the bank's new public distribution trading team.
People: Citi shakes up structuring group
Citi shakes up structuring group
Citi reverses stance on Lehman notes offering $136m group repurchase settlement
Citi has become the final major bank to reach a repurchase agreement with Hong Kong regulators on Lehman Brothers related structured products. But Lehman-related enforcement action is expected to rumble on.
Nigel Khakoo to leave Citi
US bank's global head of G-10 options trading has been made redundant
Asia Risk institutional derivatives rankings 2011
Asian assets decouple
Hearing on Libor class action venue due
US dollar Libor banks could find out details of a class action lawsuit against them as early as August