Top Section/Ad
Top Section/Ad
Most recent
The ratings review finished with both upgrades and downgrades linked to senior bonds now being subordinated to regular deposits
Public pension schemes have sold shares in coal, oil and gas companies but are still funding expansion of the gas industry through infrastructure funds
Key points of contention include the investor sanctions regime and the definition of 'resilience'
European and other regulators are working on reforms to make covered bond funding more efficient
More articles/Ad
More articles/Ad
More articles
-
Deutsche Bank has executed the first series of renminbi option trades for Mengniu Dairy, as well as other Chinese corporates based onshore, under new regulation from China’s State Administration of Foreign Exchange, which became effective today.
-
In this round-up, quarterly RMB-denominated cross-border trade with China fell 2%, RMB deposits in Hong Kong also contracted slightly, while Hong Kong RMB remittances jumped nearly 20%. -
China’s State Administration of Foreign Exchange (Safe) handed out Rmb7.3bn ($1.2bn) of quotas to seven licensed Renminbi Qualified Foreign Institutional Investor (RQFII) firms this month, with one getting its first ever quota.
-
The Financial Conduct Authority’s review into “best execution” founds that most firms are not doing enough to meet the regulator’s standards. It also highlights continued payment for order flow at some firms, which contravenes its guidelines.
-
The UK has laid out a final set of rules for clawing back bonuses, increasing the clawback period to seven years, and is consulting on even tougher rules designed to hold bank management personally accountable — dubbed “Fred Goodwin’s law” by one market commentator, after the disgraced former CEO of RBS.
-
The Bank of England’s Fair and Effective Markets Review has appointed its market practitioner committee, taking in senior investment bank management from HSBC, Nomura, Barclays, BNP Paribas, Goldman, RBS, JP Morgan, Deutsche Bank and Morgan Stanley.
