NatWest Group
Corporates fear CVA charge will make hedging too expensive
Crunch time for corporates
ICB report: banks face higher costs, lower ratings
Ring-fence furore
Video: Industry experts clash over whether to publish liquidity ratios
A Basel III conference panel disagree over whether banks should publish liquidity coverage ratio and net stable funding ratio estimates now, even though the final rules are not yet agreed
Banks make structured products cutbacks in Australia
Departures from Bank of America Merrill Lynch, RBS and UBS come as retail structured products sales have failed to regain momentum following a collapse in volumes since the global financial crisis
Efficacy of alpha strategies called into question
Alpha strategies may result in lower volatility but they do not necessarily provide higher returns, according to market participants
New strategic ETNs seek to exploit volatility and mitigate risk
The latest exchange-traded notes from Barclays, Credit Suisse and RBS offer alternative strategies aimed at making the most of market volatility or hedging against tougher conditions
ECB policy would shatter big CCPs, critics warn
Plans to have CCPs based in the jurisdiction of the currency they clear would pull apart multi-currency services, experts warn, after UK Treasury challenges ECB
Cost of control: balancing risk and expense
Cost of control
Nordic region sees surge in securitised derivatives and structured product issuance
Market volatility and increased competition in Nordic markets drive trading spike in securitised derivatives and number of structured products
Société Générale CDS spreads recover after shaky start
French banks see further spread widening, before disclosure by Société Générale on its eurozone sovereign exposure prompts a turnaround for that bank
OTC derivatives reform will lead to algo boom, banks predict
Dodd-Frank and Sefs set to encourage growth in algorithmic execution of OTC derivatives, say dealers
Sponsored statement: RBS
Solvency II – Capitalising on market distortions
Dutch pension reforms could cause unwinding of swap hedges
Dutch pension reforms could cause unwinding of swap hedges
RBS launching gamma hedging algo for forex clients
New algorithm is designed to automatically hedge gamma sensitivity of foreign exchange options
Meteor offers protection and FTSE-linked income
Following the income trend
BNPP recruits Goodwin to head corporate sales in New York
Deron Goodwin’s appointment from RBS comes weeks after the departure of Clive Banks and John Chase in London
NCUA sues Goldman Sachs for $491 million
Bank mis-sold mortgage-backed securities to credit unions, regulator says
RBS hires Hua for China role
Qing Cheng Hua joins RBS China from JP Morgan Chase
German CDS spreads soar 80% in a month as crisis hits eurozone core
Credit spreads on core eurozone countries climb on market jitters
On the move
On the move
EBA stress test results shed light on sovereign derivatives exposures
European bank sovereign derivatives exposures revealed
RBS handed Fed cease-and-desist order over risk failings
Deficiencies in corporate governance and risk stretch back two years
RBS faces $100 million lawsuit in US
RBS being sued in the US by Highland Capital for $100 million