Containers of leather from China destined for a US automobile seat maker are refused because there is no market for autos, and therefore none for auto seats ... Maersk, the giant Danish shipping line announces..

You can take this as good news or bad, depending on your personality: Charlie McCreevy, the European Commissioner for Internal Market and Services, told a conference last month, "we are almost certainly only halfway through..

Risk is the currency of the modern financial institution. As a result, systems and processes have arisen to ensure the management of risk is as efficient and accurate as possible. However, despite significant research and

Andrew Liegel, risk and regulation specialist at FRSGlobal, comments on the stress testing for US banks outlined by US Treasury Secretary Tim Geithner: While US regulators have been notoriously slow to adopt the risk protections...

The banking industry is rarely out of the headlines at the moment. Every aspect of how banks conduct their affairs is coming under scrutiny as a result of the credit crunch and the ensuing global...

Top News Stories
Satyam searches for investor

06 March - 11:37 AM

Troubled outsourcer Satyam has received approval from the Securities and Exchange Board of India to facilitate a global competitive bidding process which, subject to receipt of all approvals, aims to find an investor to acquire...
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Interbanca running SunGard for risk

05 March - 05:11 PM

Interbanca has selected SunGard's Reech RiskHedge for the valuation of its complex portfolios. Reech RiskHedge will be employed to help Interbanca's risk department compute the Value at Risk of its positions. Delivered on an application...
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UBS brings Real-time TCA to Europe

05 March - 11:58 AM

UBS has added Real-time Transaction Cost Analysis for European clients through UBS Fusion, the firm's equity trading analytics platform. The investment bank says that it allows clients to have live, continuous analysis of their orders...
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S&P GSCI Index Commodity Swaps cleared via CME ClearPort

04 March - 04:57 PM

CME Group has signed a licensing agreement with Standard & Poor's to clear swaps on the S&P GSCI Excess Return Index. The over-the-counter product based on the index calculated by Standard & Poor's should be...
Recent News
BNP Paribas unit gets greener with GPU

04 March - 12:50 PM
Barclays customers go contactless

03 March - 11:33 AM
Brewin Dolphin connects to Calastone citing agnostic messaging as key

03 March - 11:30 AM
Commonwealth Bank of Australia signs for Clear2Pay's OPF

03 March - 11:08 AM
Citi Global Transaction Services gets SatNav

03 March - 10:43 AM
BNP Paribas: Best in class though medium of cartoon

02 March - 03:04 PM
Goldman Sachs launches dark pool Sigma X into Hong Kong

02 March - 01:57 PM
ICBC running SuperDerivatives in Asia

02 March - 11:47 AM
LSE claims lead in best execution

02 March - 11:19 AM
nabCapital goes live with Calypso for credit derivatives

02 March - 10:37 AM
Company Announcements
Schroders signs to Calastone for funds distribution

05 March - 11:54 AM
LSE to add FIX functionality to TradElect with Rapid Addition system

04 March - 12:39 PM
Atrium Network extends connectivity into Chicago opening two new POPs

03 March - 11:43 AM
Appointments: Experian names its head of collections

03 March - 11:26 AM
StreamBase connects to Lime Brokerage

03 March - 11:22 AM
Appointments: Interactive Data chief executive takes over

02 March - 03:09 PM
Liquidnet launches Luxembourg GDRs trading

02 March - 02:45 PM
Appointments: Denise Ridolfo joins the SNIA Europe board

02 March - 11:42 AM
IFDS achieves ISO 9001 certification

02 March - 10:45 AM
Misys wins SwiftReady TSU 2009 accreditation

02 March - 10:31 AM
Blog Spot
The FSA Needs a Rulebook?

Posted on 04 March 2009 by Tom Groenfeldt

It wasn’t so long ago – maybe a year or 18 months – that the light-touch FSA approach to regulation by principle seemed so much more enlightened than the SEC’s lawyer-intensive style with fat volumes...

First announced toward the end of Sibos 2008 in Vienna, Swift’s partnership with the reinsurance industry marks a further extension of the co-operative’s reach beyond the banking industry. A pilot involving three reinsurers - Swiss Re,...

In the Wall Street Journal, Thomas Frank says the reporting from Washington gets so caught up in political concerns it misses the real story about the economy and what the stimulus will do. “We are watching industries...