People
Joint Forum hires new chairman
Gay Huey Evans, director of markets at the UK’s Financial Services Authority, has been chosen to take over the role of chairman of the Joint Forum, a group of experts set up to deal with issues common to the banking, securities and insurance sectors…
Lost in translation
Many credit market participants agree that a single European financial services market would be good for all concerned. But there is widespread doubt over whether the EU is the right architect for the project. Oliver Holtaway reports
Laying down the law
The debate surrounding the publication of market reform proposals by a group of leading bondholders – the so-called Group of 26 – is hotting up. Issuers have reacted negatively to what has in effect amounted to a series of ultimatums. Laurence Neville…
NAB CEO resigns after forex options scandal
National Australia Bank chief executive Frank Cicutto has resigned following a foreign exchange options trading scandal that has cost the bank A$360 million ($274.5 million). He has been replaced by John Stewart, executive director of NAB’s UK business…
BoA wins $17.85m weather derivatives lawsuit
Diamond State Insurance, a unit of Cayman Islands-domiciled United National Group (UNG), has agreed to pay Bank of America (BoA) $17.85 million to settle its claims over a series of weather derivatives policies written through the now defunct Customized…
from alpha to omega
Omega function
on target
Profile
going for brokers
Stock loan
New dawn heralds bright future for hedge funds
Offshore centres
Jersey's rule changes are the platform for hedge fund growth
The hedge fund industry in Jersey and the island's financial regulators have overhauled the existing rules to make business there more efficient and competitive. The benefits are already accruing...
wise old rookie
Profile
finding brahman: in search of the best fund managers
Finding the right managers in the right geographical and investment sectors, and rewarding the best performers, is the key to healthy returns for funds of hedge funds
Back to the futures
Derivatives
The BAT man
Profile
Right place,right time
Private placements
Lowering the standard
Standard life
New Year cheer at fund managers
People news
Tragedy or farce?
Parmalat focus
Running dry
Bond outlook
Equally accountable
International Accounting Standards
Trag makes new appointments
Implementation