The advent of swap execution facilities has not brought about the open access to trading that buy-side participants expected.
Increasingly confident that they have made the banking sector resilient to any future financial crisis similar to that of 2008, regulators are now turning their attention to shadow banking. But a very different approach may be necessary.
Olivier Perquel, the head of financing and global markets at Natixis corporate and investment banking, explains how the revived bank will grow in a shrinking world.
The Basel Committee’s fundamental review of the trading book is an immensely complicated task, and tight deadlines have the banks in a panic.
The European Commission’s drive towards a capital markets union could mean easing capital rules for securitisation ahead of an ongoing Basel Committee review.
Proposals for the mandatory buy-in of securities if trades fail to settle could drive market-makers out of the market.
The European Parliament’s rapporteur is meeting stiff opposition to his idea of excluding market-making activities from bank structural reform.
A sweeping overhaul to EU rules on bond market transparency could aggravate a liquidity shortage in secondary trading.
The Basel Committee is consulting on whether to put a floor under banks’ use of internal models to calculate capital ratios.
Differences in the content and timing of rules on resolution planning, structural reforms and derivatives threaten to unravel cross-border banking models.
Argentina and Venezuela have the lowest impairment rates in Latin America, but this does not reflect healthy economic conditions.
The Financial Stability Board’s proposal for bail-in debt appears ill-suited to continental European banking group structures.
Russia has been a key profit driver for several Western European banks and the slide in the rouble will have a significant impact.
There were few surprises in the outcome of the European Central Bank’s asset quality review and stress test, but the results highlight what still needs to be done.
Growing geopolitical risk and the rising toll of misconduct fines overshadowed what should have been a year of strengthening economic recovery.
A third Chinese bank has joined the Financial Stability Board’s list of global systemically important banks, but business models among the group are very different.
The EU has introduced a liquidity coverage ratio for banks that is noticeably weaker than its US equivalent.
The US Securities and Exchange Commission altered new rules for asset-backed securities to ease privacy concerns, but investors want more disclosure.
While volatility has affected equity and high-yield debt markets, HSBC's head of debt capital markets sees opportunities from increased volumes in China and green bonds.
Ukraine has been forced by the conditions of its latest International Monetary Fund loan to conduct a domestic asset quality review. Ahead of this, The Banker assesses the health of the country's banks.