News
Citadel hires senior risk manager from Goldman
Bank’s former head of derivatives clearing risk becomes Citadel Securities’ latest senior hire
China rates swap prices diverge on spotty CVA practices
Most local banks not passing on capital charge to clients, say traders
New EU prudential framework proposed for investment firms
Non-bank Mifid firms could be subject to liquidity rules for first time
EEX futures contract triggers margining spat
Rivals criticise use of lower margins in marketing push
FCA ‘working in background’ on Mifid commodity limits rules
Regulator builds out reporting platform to monitor position limit breaches
Banks: OCC guidance forced downgrade of healthy energy loans
Loans with low loss given defaults now considered impaired, lenders complain
Vickers renews criticism of BoE systemic buffer
Blanket 3% buffer would better support ring-fencing, Vickers tells Tyrie
Vietnam plans to streamline commodity hedging rules
Regulator to simplify approval process for trades, but the market will take time to develop
LCH targets non-cleared market with radical new platform
Bilateral trades would be valued and margined using LCH swap curves
Repo markets left guessing by new EU reporting rules
Record-keeping obligations of SFTR already in force, but no guidance on data fields
CSA reviews necessary after Sonia reform, lawyers warn
Benchmark administrator change may require amendments
DRW, Goldman, Wells Fargo back swaps regtech firm
Droit gets $16m capital boost to support growth of cross-border compliance service
Deutsche Bank faces op risk capital hit from DoJ fine
Bump to operational risk capital under SMA could be bigger than expected, experts warn
Hedge fund Citadel hires nat gas chief from Hartree
Other people moves at Mercuria, CME, Danske, CBA, Freepoint, Uniper and Statkraft
European bail-in buffers may stretch market-making capacity
New Basel capital exemptions could be too small if all EU banks have to issue bail-in bonds
People: Ramambason joins StanChart as head of XVA
Head of financial markets leaves StanChart; SocGen management shuffle; Lake leaves HSBC
Esma set to backtrack on mandatory asset segregation
Maintaining the status quo would avoid disrupting securities financing and collateral reuse
Andrew Bailey looks to reboot UK conduct regulator’s ‘mission’
New chief executive seeks to clarify approach after stumbles in past years
Clamour grows for US Treasuries clearing mandate
HFT default could destabilise interdealer markets, participants fear
Rating aggregation flawed, but better than nothing, researchers say
New research finds errors still substantial even after combining ratings
New hedge fund plans on grabbing flash-crash profits
Manager says systemic risk has reduced, creating opportunity in sell-offs
ECB's bank watchdog warned on NPL clean-up drive
SSM may need clearer enforcement process to boost bad loan provisioning, says regulator
FSOC focuses on non-cleared trades in buy-side Sifi debate
CFTC chairman sees ‘very important distinction’ in cleared versus uncleared trades
US Treasury: prepare for a post-Libor world
Senior official urges participants to adopt new benchmark