Bank of America
Time to talk about settlement risk
Quants are proposing netting or the use of CLS Bank to remove Herstatt risk in margined trades
The risk-parity fire sale that didn’t happen
Have fears of a co-ordinated sell-off by risk-parity funds been proven wrong?
Equity derivatives house of the year: Bank of America Merrill Lynch
Risk Awards 2017: Innovation helped bank get closer to originate-to-distribute model
Fintech start-up of the year: Beacon
Risk Awards 2017: Ex-bankers bring top dealer risk tech to the masses
People moves: Citi axes second Asia-Pac clearing head in 18 months
Deutsche loses Asia head of global markets; StanChart hires HK chief; new Singapore head for Credit Suisse; and others
Relative values: JPM’s $260m China interns fine tops November losses
Megan van Ooyen from SAS rounds up the top five op risk losses for November
Structured note issuers warned on faulty disclosures
Fines for BAML and UBS highlight importance of accurate cost disclosures
Indecent exposure: Fed limits threaten swaps liquidity
Unworkable due diligence rules may prompt G-Sibs to cut single counterparty exposures below 5%
The growing pull of public cloud for banks and regulators
Adoption by the FCA for Mifid II data reporting indicates public cloud satisfies regulatory, security and reliability requirements
People: Top quant Lipton leaves Bank of America after 10 years
Return to academia for derivatives pricing expert
Barclays taps blockchain for equity swaps, options, swaptions
Regulatory capital savings offered by instant settlement of smart contracts on distributed ledgers
Fears leveraged ETFs could amplify Japan equity swings
Huge inflows giving ETF sector outsized impact on cash markets
Nasdaq grows energy sales team with ex-Goldman hire
Other commodities moves at Barclays, Scotiabank, Koch, Noble Group and Castleton
Deutsches Risk Rankings 2015
Commerzbank tops Deutsches Risk rankings for second year in a row
CME forex fix questioned in new lawsuit
Possible listed forex futures and options manipulation brought to NY court
Banks and clients rebuild relationships post-SNB move
Pricing difficulties since SNB currency floor removal cause friction
Former enforcement chief takes top job at Ferc
Other commodities moves at BAML, Freepoint, StanChart and Wells Fargo
People: OCC rings the changes amid revamp
Two senior execs and two independent directors join equities clearing giant
SG hires Asia strategists in credit and rates, and other recent job moves
Job changes in the derivatives, regulation and risk industry throughout Asia
People: Barclays reshuffles quant team
Piterbarg departs, replaced by Marco Naldi; Traiana's Coyne-Solinger saga climaxes; BAML shakes up structured credit team; Tradition hires John Wilson
Goldman and Citi defy gravity on commodity VAR
Two banks' commodity VAR stays about the same or increases from 2012–14
People: Deutsche shakes up European rates team
Richard Jackson departs; Sam Wisnia to head European rates trading
SG CIB wins Risk and Energy Risk Commodity Rankings
Rankings marked by dramatic exits and one impressive comeback
Primes re-pricing and exiting their tails
Start-ups struggling to establish multiple PB relationships