Emir 3.0 could complicate Eurex launch of repo on Prisma
May 13, 2025 (NO COMMENTS)Clearing house now targets November 2025, but faces hurdle from new model change approval process
CRE non-accruals still rising at Western Alliance and Valley National
May 13, 2025 (NO COMMENTS)Troubled CRE loans rise further in Q1 despite rate cuts and loan modifications
Vendor oversight splinters across FMIs
May 13, 2025 (NO COMMENTS)Op Risk Benchmarking: firms grapple with “chaos” of third-party rule changes, amid growing recognition of cyber and resilience threats
Hedge funds burned as Hong Kong dollar bets implode
May 12, 2025 (NO COMMENTS)Carry trades and call spreads unwound after Trump tariffs pushed spot to edge of currency peg
European investors ramp up FX hedging as ‘dollar smile’ fades
May 6, 2025 (NO COMMENTS)Analysts at one bank expect average hedge ratios to jump from 39% to 70% within six months
CLO market shakes off ETF outflows
May 5, 2025 (NO COMMENTS)Despite record redemptions, exchange mechanics and relatively small volumes cushioned impact
ECB removes need for governing council to approve CCP facility
May 2, 2025 (NO COMMENTS)New “automatic” facility will require safeguards that are “still being implemented”, bank says
Systemic risk jumps at Chinese G-Sibs in 2024
May 2, 2025 (NO COMMENTS)OTC derivatives and securities volumes drive sharpest increases in 10 years
Pension funds hesitate over BoE’s buy-side repo facility
May 2, 2025 (NO COMMENTS)Reduced leveraged and documentation ‘faff’ curb appetite for central bank’s gilt liquidity lifeline
US Basel equivalence questioned as EU patience wears thin
May 1, 2025 (NO COMMENTS)MEPs say unfaithful US implementation of Basel III could trigger review of access to EU markets