United States (US)
Ford reports $204 million derivatives charge
Foreign exchange and commodity contracts fall in value
CFTC’s long-awaited Sef reboot set for July
Isda AGM: Proposals will allow all execution methods – including voice – and expand range of Sef mandate
Fed discussing margin impact of SOFR switch
Isda AGM: Legacy Libor swaps should be protected from new rules when ditching Libor, MetLife’s Manske says
CCAR compels CET1 build-up at Capital One
The bank is targeting a CET1 capital ratio of 11% in 2018
US dealers agree to disclose corporate bond quotes
Market to get pre-trade transparency but big dealers remain on the sidelines
Uneven Basel rule adoption threatens regulatory arbitrage
Committee names and shames regulatory laggards
US banks weather Libor basis spike
Thirty-plus basis point divergence recorded in first three months of 2018
State Street bolsters liquidity buffers
HQLA share of investment portfolio grows from 61% to 70% in the first quarter
Fixing CDSs: lots of patches, no magic wand
Isda response to Hovnanian controversy could open new loopholes, traders warn
CCAR threatens BNY Mellon dividend payout
Fed's test "noticeably more stringent" - BNY Mellon's Santomassimo
Morgan Stanley expands long-term debt issuance
Outstanding long-term debt jumps 12% year-on-year
US Bancorp unfazed by Fed’s new capital buffer
Lender targets dividend payout ratio of 40%
Quarles: Fed would recalibrate eSLR if Crapo bill passes
Senate or House changes to CCAR could also affect Fed’s new stress capital buffer
FRTB threatens dynamic forex hedging of capital ratios
Industry says recent Basel proposals are unclear and retain burden of pre-approval for hedges
Goldman shakes off tax reform capital effects
Stronger regulatory ratios support capital distributions
Goldman Sachs’ VAR at three-year high
Increased client activity and market volatility increases firmwide risk
Fed’s new capital buffer refocuses on risk
Low-risk activities and larger management buffers likely to become more attractive
Fed to ease CECL capital impact
Phase-in of capital impacts over three years proposed
BAML approaches Collins floor
The gap between RWAs calculated under the two approaches continues to shrink
Wells Fargo cuts deposits to meet Fed order
$15 billion in financial institution deposits driven out in response to Fed-imposed asset cap
JP Morgan criticises revised leverage ratio
"Time is right" to reconsider G-Sib capital framework, says CFO
CFTC’s Pan: PFMIs not a template for global regulation
US regulator has previously warned EU supervisors not to unpick hard-won equivalence agreement
Power to the people: US bourse bets on retail rush into swaps
Eris Exchange hopes retail access to its swap futures will usher in new era of swaps for all