Citi
Worry about Greek CDS misguided, dealers suggest
Dealers believe fears about Greek sovereign CDS trigger event are overplayed
SEC appoints director for national broker-dealer examination programme
Will oversee a staff of about 300 responsible for the inspections of US-based broker-dealers
Poulos joins Citi as global head of business continuity
Says crisis management is 'vital' part of new role
Renaissance Capital hires new equity derivatives head
Leonard Ellis to lead firm’s effort in US equity derivatives market
Alternative Fund Administration Survey 2011
Alternative Fund Administration Survey 2011
People
On the move
Push for lower Tier II capital fund raising prior to window closing
Investment banks are urging financial institution clients to issue old-style lower Tier II capital before the window closes on January 1, 2013, when the full force of Basel III capital rules come into effect.
Citi’s Gerspach: $12.7 billion accounting switch was legit
Switch of assets to trading book and subsequent sales meant to limit Basel III capital impact, says Citi's CFO
Lawyer warns of securities fraud lawsuits over foreclosure crisis
Bank of America faces lawsuit over charges of witholding information on failings, and others could follow
Citi names new emerging market equities heads in Hong Kong
Citi has named Richard Heyes as head of Pan-Asia equities and promoted Adrian Faure to head global emerging markets equities
Kurtzman joins Citi to head US equity derivatives trading
Ex-Citadel manager heads to new post in New York
Over a third of $1 billion-plus hedge funds not yet registered with SEC
Hedge funds in the US have until July 21 to register with the SEC but Citigroup says over a third of the larger funds have not yet done so.
People
On the move
CFTC urged to raise bar for CCP stress tests
Market participants say CFTC proposals should be more detailed, more prescriptive
'Media misinformation' is harming US structured products industry
A torrent of misinformation printed by the media and calls from plaintiff law firms for investors to bring claims is damaging the industry, according to structured product bankers and lawyers
Citi names McCullough as head of capital advisory in Asia
The US bank has hired Brian McCullough to bolster its Asia capital and liquidity optimisation client services, at a time when regulators are demanding more liquid assets while reducing their fungibility across borders
Top 50 Global Custody Mandates Survey 2011
Change and continuity
Asia's wealthy maintain high concentration risk tolerance
Families in focus
Leading private banks target family offices in Asia
Family fortunes
Industry in flux as electronic trading and risk control comes to the fore
Creative destruction
Islamic structured products gain credibility in Asia
Sharia surety
Business continuity relies on adaptabilty amid civil unrest
Ready for anything
