As the counting unfolds in the presidential election, it’s not just US-headquartered banks that are wondering about the fate ...

As banks raced to invest in deploying advanced electronic trading offerings for foreign exchange, Bank of America was, by its ...

UBS incurred three backtesting exceptions in the third quarter on positions inherited from Credit Suisse, placing it two breaches away from a higher capital multiplier. The bank reported that, within ...

Fearing another round of rapid increases in inflation, several European corporates are hoping to hedge the inflation risk ...

In the game of contract bridge, partners are permitted to pass signals to each other through coded card play. On financial exchanges, such behaviour could amount to market abuse, which is forbidden.

In the scramble to approve the US version of the Basel III prudential standards for banks, Federal Deposit Insurance Corporation director Jon McKernan could turn out to be a swing vote. So it’s ...

TCA is more than a post-trade exercise for best execution requirements – it is also a pre-trade tool to inform on how to ...

When it comes to clearing US Treasuries and repo, the Fixed Income Clearing Corporation has an obvious huge head start. One potential rival has already claimed they don’t expect to make significant ...

One of the reasons we wanted to turn to equity for Risk.net ’s annual Talking Heads series this year was to delve into the increasing dominance of the US in the asset class, and its tech sector in ...

The National Futures Association has approved CME Group’s long-desired request to have its own futures commission merchant (FCM), the firm has announced. The new entity does not appear in the most ...

Provisions for HSBC’s mainland China commercial real estate (CRE) portfolio climbed to 23.6% of total loans in the third quarter, with the bank adding reserves while paring down exposures.

Whoever runs the CFTC, Republican commissioner Summer Mersinger thinks the agency should prioritise rulemaking that responds to changes in derivatives market structure. “We need to undertake conflicts ...