LONDON, Nov 24- Financial institutions that settle trillions of dollars of derivative contracts a day may need to hold more capital to stop them requiring a government bailout if they fail, a senior Bank of England official said on Monday. "There is... an important question as to whether CCPs are resolvable in their current forms, and... whether changes to the liability...» Read More
The ballooning banks' bottom lines - some thing the first quarter will be the best ever - could embolden lawmakers and regulators who want to overhaul the banking system. NYT reports.
Muthukrishnan Ramaswami, President of the Singapore Exchange says securities and derivatives trading lifted Q3 earnings and he sees room for improvement in the bourse's primary activity. He sounds a cautious note on guidance.
Clever finance critters are fleeing from swaps to futures, escaping the new regulatory regime that was a center-piece of Dodd-Frank.
Fannie Mae and Freddie Mac will form a joint venture for securitizing home loans that could end up replacing the two government-controlled mortgage finance giants.
Was Libor the risk-free rate of interest or the cost of borrowing? Apparently the derivatives market believed one thing and lenders believed another.
A financial trading tax (FTT) planned by a group of euro zone nations could leave major banks, its main target, relatively unscathed while less nimble smaller trading houses, pension funds and asset managers bear the brunt.
Ian Axe, CEO, LCH.Clearnet explains the role of clearing houses amid growing regulation in the financial sector. He says they are like insurance companies for exchanges with regards to their trades and financial products.
Magnus Bocker, CEO, Singapore Exchange says Olam, like most Singaporean companies, has maintained a clean track record when it comes to the SGX's disclosure rules.
The Greek drama plays on and the Brazilian real crosses a line — it's time for your FX Fix.
Robert Pickel, CEO, International Swaps and Derivatives Association says that Libor reforms must be slow and deliberate as it effects many existing swap contracts.
Thought August was quiet in the market? You were right, and volumes figures prove it.
After the unveiling of Libor rate-rigging practices among banks, eyes are turning to other markets, worrying that the manipulation would not be limited to Libor rates, the New York Times reports.
Beschloss is president and CEO of The Rock Creek Group, which provides investment and advisory services to large investors and utilizes customized hedge fund and emerging market portfolios.
CNBC's Mary Thompson reports the Commodity Futures Trading Commission's vote today will have a big impact on the OTC derivatives market.
Nicholas DeBenedictis, Aqua America CEO, discusses his company's recent successful and collaborative efforts with Penn Virginia Resource Partners, known as PVR Water Services LLC.
Risk aversion lifts the dollar and Brazil and China do a deal - it's time for your FX Fix.
Hundreds of employees at big firms, some part of special teams, will be on standby this Sunday, awaiting the results of Greece’s pivotal election. The New York Times reports.
Conflicting signs are emerging in Washington over whether JPMorgan Chase’s surprise trading loss will spur tighter regulation on Wall Street, The New York Times reports.
JPMorgan’s next move depends on what happens in the credit markets. If investors become fearful about companies’ prospects , JPMorgan’s bet could face even bigger losses, The New York Times reports.
While few other banks, if any, pursue the complex strategies that led to JPMorgan’s losses, many traditional lenders regularly buy and sell securities, and make bets with derivatives, as part of their core operations, the NY Times reports.