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JP Morgan and Dutch pension fund PGGM transacted derivatives margin trade
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◆ Chinese bank treasury shift from USTs to dollar callables considered ◆ Some European SSAs face cross-currency limitations ◆ Previous market staple 'almost non-existent'
Goldman's Hong takes over from Jeroen Krens
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Bank intermediaries eye resurgence in profitable trades
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  • US exchange operator Chicago Mercantile Exchange is considering acquiring post-trade and markets operator Nex Group, the latter firm confirmed in a circular to investors on Thursday night.
  • The year 2018 marks the 10th anniversary of the collapse of Bear Stearns and Lehman Brothers, and still the task of tackling “Too Big To Fail” is far from complete.
  • The year 2018 marks the 10th anniversary of the collapse of Bear Stearns and Lehman Brothers and still the task of tackling banks' 'too big to fail' problem is far from complete.
  • A top US derivatives regulator on Wednesday went into battle against his European counterparts over their new proposal that will increase the stringency of the EU’s oversight of foreign clearing houses.
  • Société Générale said on Wednesday that Didier Valet, deputy chief executive of the bank and former head of CIB, would be leaving the group — a move driven by US authorities' investigation into the manipulation of Libor.
  • Frustration boiled over at the Futures Industry Association's (FIA) annual Boca Raton meeting on Wednesday, with Commissioner Brian Quintenz of the US Commodity Futures Trading Commission (CFTC) threatening European regulators with obstruction.