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◆ Public sector issuers embrace hedge fund bid... ◆ ... as they flex in the swap market ◆ Car makers welcomed back to bond market
CEB plans to print more structured notes and may launch inaugural Sofr bond in 2026
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New contracts cannot yet be traded in US
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  • U.S. regulators working to implement Dodd-Frank are wasting market participants and their own staff’s time by not being more realistic about when regulations can be feasibly worked into the market, according to a senior asset management official.
  • Lisa Danino-Lewis, ex-head of e-commerce fx sales for Europe, Middle East and Africa at HSBC in London, is joining BNP Paribas in a similar role.
  • Bank of America-Merrill Lynch in Hong Kong has hired Stephan Wenger, former portfolio manager at macro hedge fund Balyasny Asset Management.
  • Bank of China is issuing an equity-linked structured product to retail investors in Hong Kong that uses over-the-counter put options—its first this year.
  • Concerns over margin requirements set by clearinghouses and central counterparties were a key concern expressed by attendees at the International Swaps and Derivatives Association’s 27th Annual General Meeting in Chicago.
  • The Commodity Futures Trading Commission will complete the 20 outstanding rules as mandated by the Dodd-Frank Act by this year, said CFTC chairman Gary Gensler, speaking at the International Swaps and Derivatives Association 27th Annual General Meeting in Chicago.