BNP Paribas
Systemic European banks’ bail-in buffers fell in Q1
Bail-in debt stocks increase, but balance sheet expansion crimps TLAC ratios
Rise of ethical swaps brings hedging questions
Banks ponder how to offset risks of ESG derivatives – or whether hedging is even desirable
People moves: HKEX’s Charles Li to leave, new Isda directors, and more
Latest job changes across the industry
ECB’s Enria unsure banks will dip into capital buffers
Anxiety over investor and rating agency reaction may limit banks’ use of Covid relief measures
Energy Risk Awards 2020: The winners
Key wins for BP, Engie and Uniper while Macquarie takes the derivatives house of the year award
Trading losses at US units of Deutsche, RBC exceed VAR by 1,000%
Wild markets overwhelmed foreign banks’ value-at-risk estimates
Eurozone bank capital buffers swell on Covid relief measures
Average buffer increases to 393bp across 14 eurozone lenders
Systemic eurozone banks take €10bn in loan-loss provisions
Santander takes a whopping €3.9 billion out of income
Pressure grows on structured products as losses mount
Dividend-related losses at BNP Paribas may be higher than previously reported
BNP incurs nine VAR breaches in Q1
Market RWAs jump 37% to €26 billion
Fed dominated MMF repo trades in March
FICC and BNP Paribas among other top repo counterparties
Fed’s leverage ratio relief puts foreign banks on the back foot
European banks cannot – yet – exempt US Treasuries from their exposure measures
FX swap users hope to avoid month-end crunch
Blowout in spreads prompted SSGA and other managers to limit need for hedges today
ESG-linked hedges raise interest – and questions
Carrot-and-stick trades pay off if green targets are hit, but setting and monitoring those goals is tricky
Countercyclical buffer releases may free €6bn at top EU banks
Banco Santander and BNP Paribas could free €1.1 billion each
Who killed FX volatility?
Beyond central bank policy, traders see a range of hidden structural factors at work
Crédit Agricole leads French banks on return on RWAs
BNP Paribas only bank to improve RoRWA year-on-year
Chinese banks set for mass loan repricing
Options launch slated for February to help industry switch to new benchmark by August
BNP buys Deutsche’s delta one assets in latest CRU auction
French dealer lodges winning bid after missing out on flow equity portfolios last year
BNP leads a comeback for Europe’s clearers
Brexit, leverage ratio tweaks and concentration fears could help European banks compete with US FCMs
People moves: De Roeck quits Standard, BofA adds risk exec, and more
Latest job changes across the industry
BNPP faces €67bn RWA hike under Basel III
Executives say ongoing capital generation and Pillar 2 changes will help keep CET1 ratio stable
Trading’s share of EU bank income shrinks in Q3
French banks boasted highest share of income from trading, at 24%
HSBC leads EU banks on VAR measures
In aggregate, IMA risk exposures focused on traded debt