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CEB plans to print more structured notes and may launch inaugural Sofr bond in 2026
SSA
New contracts cannot yet be traded in US
The Americas derivatives community came together in New York to recognise and celebrate outstanding achievements across the industry
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  • The loan market is groaning under the weight of ambitious lending banks hoping to participate at the very top level of transactions. But this surplus of senior lenders is symptomatic of a general overpopulation in the loan market that cannot last.
  • Bank of America has begun transferring more than USD50 billion of its Dublin-based derivatives business to its U.K. unit.
  • The Financial Services Authority’s scheme to compensate victims who were mis-sold interest-rate swaps by banks will not likely accomplish its goal, as “the banks themselves have been at the core of this process,” according to the U.K. Federation of Small Businesses.
  • Intercontinental Exchange is planning to seek approval for its proposed takeover of NYSE Euronext from the European Union antitrust officials, which last year rejected a similar proposed merger by Deutsche Boerse.
  • Most financial institutions are unprepared for new over-the-counter regulations, according to IPC Systems.
  • Central clearing of over-the-counter derivatives could have a significant negative impact on hedge funds, such as those that pursue relative value fixed income strategies, according Olivier Lebleu, head of non-U.S. distribution for Old Mutual Asset Management in London.