NatWest Group
Barnes bows out of RBS
Royal Bank of Scotland suffers two senior departures in its foreign exchange business
Risk Australia Rankings 2010: Tough at the top
The eurozone debt crisis and still-nervy stocks haven’t been enough to depress Australian derivatives markets, and competition has intensified over the last 12 months. Last year’s top two banks retain their hold – but they have a host of other dealers…
CVA and the equivalent bond
CVA and the equivalent bond
Risk Australia Rankings 2009: The debt dividend
Following a major sell-off in the second half of last year, the antipodean financial markets are seeing significant inflows of foreign capital in 2009 due to the resilience of the Australian economy. Dealers are also profiting from derivatives activity…
Basel Committee to rethink CVA capital charge
Regulators might adapt the bond-equivalent approach amid claims the methodology will lead to perverse incentives
Hedging costs to soar for UK pension funds
Best of RPI and CPI exposure will cost up to 100 basis points to hedge, as well as increase the size of liabilities, say participants
RBS takes on Latin America DCM head from Credit Suisse
Charles Achoa joins Royal Bank of Scotland after 13 years at Credit Suisse.
RBS Group fined £5.6m for sanctions control failings
UK regulator issues large fine after banks fail to implement monitoring systems
Cebs responds to critics with new op risk paper
Committee issues second consultation paper to address concerns over level of detail in op risk guidelines on market-related activities
Banks face suit from US fund over mis-sold subprime loans
Fifteen banks accused of mis-selling mortgage-backed securities
Goldman Sachs to pay $550 million to settle SEC lawsuit
US bank receives the largest fine the SEC has ever imposed on a financial entity
Simple payoffs and short terms remain popular as investors play it safe
Incapital, Barclays and Gilliat all launched three products each in the past two weeks, most of which focused on the FTSE 100 index as investors continue shy away from risky investments
RBS appoints new director of US credit
Gary Davis takes senior role in credit and rates group.
Lee reappears at Deutsche Bank as head of GMIP and db-X, Asia
Chris Lee has taken over global market investment products and the db-x division in Asia for Deutsche Bank. Formerly head of the structured products group at UBS, Lee started at Deutsche in the last week of June.
Skandia offers the insurance route
Global savings and insurance heavyweight, Skandia, has been distributing structured products in Sweden since 2005 when it launched two products with Skandiabanken as issuer. Since then the Swedish branch has gone on to use various other intermediaries…
A complex payoff
The Royal Bank of Scotland has created a complicated retail structured product based on volatility for the Australian market and teamed up with National Australia Bank to help with distribution. Capital for the seven-year product is protected at maturity…
Malaysian investors hunt for hybrids
Hybrid structures are increasingly popular in Malaysia as investors look to keep the cost of hedging down and moving away from capital protected products
Liquidity risk management: Managing the challenges of stress-testing
This webinar discusses best practice in stress-testing a liquidity risk framework and how firms can find the business benefit from the new liquidity risk management requirements
South Korea implements product pre-approval regulation
South Korea launched its new derivatives product approval system in June but issues remain
UK Wrap: Growth and income products proliferate despite rising volatility
Growth and income plans were by far the most popular style of product over the past three weeks, thereby disproving the previous UK wrap prediction that autocall products would increase in popularity