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European CDS regulation 'inevitable' - EC official
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SEC incompetence and secrecy over Madoff enrages Congress
The fraud examiner who spent eight years warning about Bernard Madoff's alleged Ponzi scheme has blamed institutional incompetence within the Securities and Exchange Commission (SEC).
European CDS regulation 'inevitable' - EC official
The European Commission (EC) is moving ahead with plans to enforce central clearing of credit default swaps (CDSs), despite a plea by the International Swaps and Derivatives Association (Isda) to resume dialogue on the issue.
Deutsche takes 12 from Merrill Lynch
Twelve senior bankers have left Merrill Lynch to join Deutsche Bank's institutional group, as Merrill's former CFO steps down.
RBS chairman departs earlier than expected
Royal Bank of Scotland's (RBS) chairman, Tom McKillop, has stepped down two months earlier than he intended.
Bossuyt, head of Islamic finance and structuring at Deutsche Bank departs
Geert Bossuyt, Deutsche Bank's head of Islamic finance and head of structuring for the Middle East and North Africa (MENA), has left the bank, along with Ricardo Honegger, head of global markets, MENA (Middle East & North Africa). Honegger will retire…
SSgA adds to European product team
State Street Global Advisors (SSgA), the Boston-based investment management arm of State Street Corporation, has announced five additions to its European product engineering team in London.
Credit ratings newcomer hires ex-S&P president
Credit rating agency Rapid Ratings adds Kathleen Corbet to its board in a push to increase awareness of its rating system which measures financial health rather than creditworthiness
Profile: Conrad Hewitt
The widespread belief that fair value accounting somehow contributed to the financial crisis is ill-informed - or so the SEC's chief accountant explains to Alexander Campbell
Insurance debt: Don't take a tumble
Holders of bonds from the insurance sector should prepare themselves for a rough ride in 2009. Lingering concerns over the exposure of certain names to toxic structured credit assets and the difficulty of raising more debt in the current environment are…