Citi
Banks and ECNs join forces to prevent FX flash crash
Citi, JP Morgan and Morgan Stanley join Deutsche Bank on Traiana's enhanced CreditLink service
Citi launches onshore Brazilian fund linked to US stocks
Citi fund enables investors in Brazil to explore non-local underlyings while retaining the comfort of an investment in their home currency
Citi reorganises structured products; Burns to accept new role
Citi has announced a reorganisation of its structured products group, mixing institutional and regional structuring and opening distribution to most of the bank's retail investment products
Energy Risk US Electricity House of the Year Award: Citi
Citi wins Energy Risk's 2011 US Electricity House of the Year Award
As US hurricane activity falls, Asian weather risk rises
US weather conditions are purported to become more neutral this year, but forecasters are already looking to Asia as a potential risk management growth area. Pauline McCallion reports
StanChart bests the rest for coporates derivatives in Asia
The standard bearer
Deutsche considered Autobahn spin-off in bid for Sef status
Dodd-Frank caused Deutsche to look at reinventing its Autobahn platform as a Sef – but dealers now see a future for their platforms as price aggregators
Increase in corporate hedging boosts derivatives industry in Asia
Banks in the Asia-Pacific region have benefited from a more active year in derivatives, as corporates seek to hedge their currency and interest rates exposures following a slowdown during the financial crisis
Citi's Wertheim: Operational risk function must detect to protect
Detective stories
Worry about Greek CDS misguided, dealers suggest
Dealers believe fears about Greek sovereign CDS trigger event are overplayed
SEC appoints director for national broker-dealer examination programme
Will oversee a staff of about 300 responsible for the inspections of US-based broker-dealers
Poulos joins Citi as global head of business continuity
Says crisis management is 'vital' part of new role
Renaissance Capital hires new equity derivatives head
Leonard Ellis to lead firm’s effort in US equity derivatives market
Alternative Fund Administration Survey 2011
Alternative Fund Administration Survey 2011
People
On the move
Push for lower Tier II capital fund raising prior to window closing
Investment banks are urging financial institution clients to issue old-style lower Tier II capital before the window closes on January 1, 2013, when the full force of Basel III capital rules come into effect.
Citi’s Gerspach: $12.7 billion accounting switch was legit
Switch of assets to trading book and subsequent sales meant to limit Basel III capital impact, says Citi's CFO
Lawyer warns of securities fraud lawsuits over foreclosure crisis
Bank of America faces lawsuit over charges of witholding information on failings, and others could follow
Citi names new emerging market equities heads in Hong Kong
Citi has named Richard Heyes as head of Pan-Asia equities and promoted Adrian Faure to head global emerging markets equities
Kurtzman joins Citi to head US equity derivatives trading
Ex-Citadel manager heads to new post in New York
Over a third of $1 billion-plus hedge funds not yet registered with SEC
Hedge funds in the US have until July 21 to register with the SEC but Citigroup says over a third of the larger funds have not yet done so.
People
On the move
CFTC urged to raise bar for CCP stress tests
Market participants say CFTC proposals should be more detailed, more prescriptive