People
Changing hats
CHANGING HATS
No new legislation on EU clearing and settlement
REGULATORY UPDATE
Briefs
REGULATORY UPDATE
Appetite for equity
Japan
UK Energy Review
The UK government's July Energy Review was generally welcomed for its stance on renewables, nuclear and carbon, but many market participants had been hoping for greater clarity
Going electronic
Commodities
BNP Paribas hires Swaddling and Small in hedge fund drive
BNP Paribas has appointed Paul Swaddling and Cameron Small as senior salesmen to its European institutional client unit, within the French bank's fixed-income division.
Vexed by variance
Variance swaps
Into the tempest
Natural catastrophe risk models suggest that insurers are significantly under-capitalised. Firms are tapping the capital markets for billions of dollars in additional reinsurance capacity, but it may not be enough to avoid damaging rating downgrades…
Taking exception
Value-at-risk
Home-host conflict
Despite structural attempts at supervisory co-ordination, international banking groups need to foster bilateral understanding with their subsidiaries' host regulators, argues David Rowe
Taifex appoints new chairman and president
The Taiwan Futures Exchange (Taifex) has appointed Wu Rong-I as chairman and Steve Wang as president for three-year terms, replacing outgoing chairman Wang Der-shan and president Foo-shiung Ho, both of whom have retired.
Walter to run Basel Committee secretariat
Federal Bank of New York senior vice-president for banking supervision, Stefan Walter, is due to take over the role of secretary general for the Basel Committee on Banking Supervision’s secretariat at the Bank for International Settlements in Basel,…
Fitch acquires Reoch Credit
Fitch has today announced the acquisition of London-based credit derivatives analytics firm Reoch Credit as part of its drive to provide market risk assessment services for the synthetic collateralised debt obligation (CDO) market.
RBS recruits debt market strategy head for Japan
John Richards has moved from Barclays Capital to RBS Securities Japan, where he will head the Asia-Pacific debt market strategy and economics team.
Deutsche hires Gunewardena to strengthen prime brokerage
Deutsche Bank has appointed Mel Gunewardena as managing director and global head of fixed income prime brokerage, within its global markets division.