Fiona Maxwell
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Articles by Fiona Maxwell
People: JP Morgan names co-heads of rates trading
Bank veterans Bristow and Pluta promoted to global co-heads, reporting to Rohrbaugh
Isda: majority of swaps users believe market is fragmenting
Isda AGM: increased cost of hedging biggest concern in end-user survey
EC calls for more time to vet foreign CCP oversight
Third extension "necessary and proportionate", says EC internal document
Banks welcome Esma clarification on foreign subsidiaries
Regulators reach "logical conclusion" on third-country entities
LDI managers spurn cleared inflation swaps
Shortage of liquid collateral seen as barrier to clearing inflation swaps
Too many questions in Basel floor plans, industry claims
While standardised rules are being revised, banks say they can't make a call on floors
Q&A: Finansinspektionen's Uldis Cerps on capital floors and too-big-to-fail
Floors framework should not overstate risk, says Sweden's bank supervision chief
Capital floors could spur risk-taking – Swedish FSA
"Very careful" calibration needed to avoid bad incentives, says senior supervisor
Evasion concerns hamper Mifid package trade fix
Esma working on package trades, but "too premature" to discuss a solution
EBA warns banks to correct pension fund CVA ‘mistake’
Clearing test has to be met for CVA safe harbour to apply, lawyers say
Corporates eye cross-currency swaps as Euribor sinks
Cheaper swaps are encouraging some companies to chase lower debt costs
Swaps industry mulling new utility for margin compliance
Utility would run daily margin calls, using open source version of industry’s standard model
Pension funds sign hedge-only agreements with banks
Cardano and PGGM promise not to give banks speculative trades
CVA switchback will hit bank capital ratios, EBA says
One bank faces 3% hit to equity ratio if EBA proposals accepted
Clearing houses face privacy law concerns
US reporting requirements could force CCPs to break national privacy laws
Hit the floor: banks fear Basel curbs for capital models
Regulators argue a backstop is needed to avoid too-low modelled numbers
Lawyers back Esma in clearing dispute with EC
Clash leaves clearing timeline in "uncharted territory"
Big banks expect to miss Basel risk data deadline
Markit study and Basel progress report find industry is lagging
Basel floors must be below 75% to preserve models, banks say
Regulators plan to floor modelled capital at a percentage of standardised approaches
First shots fired in new EU battle over CVA
EBA says "not a viable option" to ignore charge; MEP Ferber warns on business impact
Sovereigns facing price hike if CVA exemption is axed
EBRD says impact would be minimal, but experts warn other swaps users would be hit
EC to delay frontloading of cleared swaps
Victory for industry as EC tells Esma it will amend proposals
New frontloading threshold stirs up MEPs
"Hard to see" how plans honour EC pledge to avoid harm, says Swinburne