Singapore
HSBC on global hiring spree
HSBC has made a series of hires across foreign exchange trading and sales in Asia and Europe, it confirmed today (August 17).
SMX gets nod from MAS to start operations
The Singapore Mercantile Exchange plans to create a commodity and derivatives trading platform on a par with the best global exchanges in New York and London.
Singapore’s commodities derivatives exchange to go live
Singapore’s central bank Monetary Authority of Singapore (MAS) gives the green light for new commodity and currency derivatives bourse
Standard Chartered names Oswald as global head of fixed-income research
The UK-based bank has named an emerging markets specialist with a strong quantitative pedigree to run global fixed-income research
Nomura snares RBS's Melph as global head of central bank and sovereign wealth sales
Central banks and sovereign wealth funds have become an increasingly important source of revenue for derivatives dealers.
MAS ups DBS's op risk capital number
DBS censured by Singapore regulator for IT outage, required to hold more op risk capital
Asia Risk 15: Risk management practices transformed following crises
Local banks in Asia have made huge advances in the way they manage financial risks during the past 15 years. Many of the initial best practices came in the aftermath of the Asian Financial Crisis and more latterly with the implementation of Basel II. But…
Asia Risk 15: Piyush Gupta, DBS
DBS aims to become a regional powerhouse in Asia offering consumer, corporate and wholesale banking services. And getting its risk management architectural framework right is critical. Christopher Jeffery speaks with its chief executive, Piyush Gupta
Credit Suisse launches AES velocity in Singapore allowing trades under one millisecond
Credit Suisse has launched an ultra-low latency direct market access speed that will give investors to trade Singapore-listed equities in under one millisecond.
Desperately seeking a benchmark
The market for exchange-traded funds in Asia has been slow to develop. A regional benchmark ETF is still lacking, while the promise of high-volume trading in products cross-listed from Europe and the US has yet to materialise. Richard Jory reports from…
Jefferies recruits new head of rates sales
Marie-Laure Savelli-Timsit joins Jefferies in Paris to set up French rates business.
Asia plays catch-up on CCPs
While European and US regulators blaze a trail in over-the-counter derivatives reform, Asian supervisors have been much more circumspect. Some are now exploring the use of central clearing but many are still wrestling with how best to implement it. Matt…
Gazprom sees huge potential in Asian gas
Gazprom Marketing & Trading expands into Asia with the opening of its Singapore shipping unit
People power
Andrew Cherriman, head of operational risk management for wholesale banking at Standard Chartered Bank in Singapore, says his ability to rely on expert staff is the key to operating a sound risk management system across the bank’s many jurisdictions. He…
Gazprom hones in on LNG, carbon and Asia
Russian energy giant Gazprom has secured its foothold in Asia by opening a new office in Singapore, to focus on global liquefied natural gas (LNG) shipping and trading, as well as portfolio development and carbon credit origination projects for Asian…
A natural progression?
The widescale demand for catastrophe bonds in Asia has been heralded for many years now. But outside Japan and to a lesser extent Taiwan, overall penetration of catastrophe insurance in Asia remains low. Is this all about to change?