Regulators
Traders soured on Vix futures in 2018
Open interest in Vix futures ended year 44% down from January peak
Luxembourg is latest EU state to hike countercyclical buffer
In total, EU states hiked CCyB rates 13 times last year, up from six in 2017
Buoyant US economy, harsher CCAR for regionals
Strong correlation between US GDP variable and CET1 burn at mid-size domestic banks
Equity risk amps up Citi’s VAR charges
Requirements connected to equity positions jumped 49% quarter-on-quarter
Fed stress tests tougher in 2019
Severely adverse scenario projects US economy to shrink 9.4%
Default risks in peripheral eurozone inch up
Italian corporate PD estimates up to 9.12%
Lenders favour eurozone non-bank borrowers
Cross-border claims on the euro area grow for the first time since Q2 2016
Citi grows US swaps margin share in 2018
Citi remains the largest FCM, with a 27.5% share of total required client margin
Cross-border euro lending rebounds in Q3
Intra-euro area cross-border claims accounted for 40% of the annual increase
Overseas lenders back eurozone, shun UK and US
Cross-border loans to eurozone increase $93 billion in third quarter of 2018
Nomura, MUFG curb derivatives exposures
Outstanding positions make up almost one-quarter of Nomura's total leverage exposure
Standardised approaches lose out in FRTB update
Ratio of standardised approach to IMA capital estimated to increase
Regulators demand action on rogue market risk models
Thirteen banks out of 49 face remedial action
EU banks bracing for Ibors' demise – EBA
Nine out of 10 firms working on how benchmark reform will affect existing contracts
Tools to blunt credit risk popular at EU banks. But why?
Just 1% to 5% of exposures covered by credit risk mitigants
EU bank capital ratios creep up in Q3
Average transitional ratio increases to 14.7%
EU banks punished over lowball credit risk estimates
Two of 17 firms facing follow-up inspections will be hit by capital add-ons
EU banks slash €32 billion soured loans in Q3
Italian, Greek and Spanish banks cut most toxic loans
Soured loans set NordLB apart among Landesbanken
Troubled lender has €7 billion of defaulted 'specialised lending' corporate exposures
Credit data shines light on Banca Carige's woes
Banca Carige weighed down with non-performing exposures
Valuation model risk on the rise at EU banks
Over two-thirds of fair value assets priced using banks' models
FBOs get smaller, simpler and easier to resolve
Foreign bank IHCs have shrunk between 16% and 41% since Q3 2016
Many EU banks’ sovereign portfolios highly concentrated
Forty-eight lenders have more than three-quarters of sovereign risk allocated to home country