At a recent conference I took one side of a debate on the motion "This house believes new regulations will deliver safe and profitable capital markets". The specific regulations weren't defined, but assumed to include Dodd Frank, EMIR and others. The focus of regulators in all these cases isn't to create profit opportunities of course, so the emphasis I put on the debate was safety. One catalyst for new regulations was 2008, and the impact on what the Americans call 'main street', where ordinary people had to fund bail-outs of various banks to the tune of billions or trillions of dollars. In this case, does Dodd Frank and EMIR insulate Main Street from future crises? Can we each explain to our families who don't give a hoot for derivatives that banking is now under control? Bill Hodgson, principal, The OTC Space, reports.
Read more...Aon Risk Solutions's latest survey/global map of terrorism and political violence points to a continued threat of a terrorist attack or political violence as 44% of countries measured have an identifiable risk of terrorist attacks.This trend, says Aon, is especially prevalent in African and the Northern African countries. Despite 19 countries showing improved terrorism and political violence ratings, including the United Kingdom and Germany, data and analysis reflected by the map suggest continued and growing awareness is needed for businesses looking to expand.
Read more...The International Monetary Fund has called on Latin America to take advantage of favourable external conditions to lay the grounds for sustained growth by strengthening its policy buffers.
Read more...The global economy is likely to expand through 2014 as the recovery in the US strengthens and eurozone growth picks up, but formidable challenges remain, according to Standard & Poor's Ratings Services global chief economist Paul Sheard.
Read more...The International Monetary Fund projects global growth at 3.3% this year, down from 3.5% six months ago. In its latest global outlook, the IMF says the main reason behind the growth prospects has been an uneven recovery among advanced economies. Fiscal brakes in some countries were another important factor.
Read more...Standard Life Investments has hired Jeremy Lawson to its global strategy team as senior international economist. Lawson will report to Andrew Milligan, head of global strategy at Standard Life Investments, and will be responsible for economic forecasting and ideas generation for Multi Asset Investing.
Read more...Global investors have lowered their risk appetite and are forecasting a slowdown in global growth, according to the latest BofA Merrill Lynch fund manager survey. Anxiety over the eurozone and new risks, particularly the potential for conflict in Korea, has intensified and caused an increase in cash holdings and a sharper preference for regions including the US and Japan.
Read more...Research from independent financial research and advisory firm, Aite Group shows that Latin American stock exchanges offer more trading opportunities for European investors than many previously realized. Indeed, equity markets across Latin America are seeing gains as they exploit initiatives aimed at integrating stock markets, adding new products, and improving market liquidity. It is clear, says the consultancy, that capital markets in emerging LatAm countries have grown in both value and complexity over the last decade.
Read more...Give vital input into our June 2013 Collateral Management roundtable, sponsored by Clearstream.
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Friday, 24 May 2013 09:42European equities set to open flat
Wednesday, 22 May 2013 19:58Bank of England King Lost Final Vote on Stimulus Increase
Tuesday, 21 May 2013 12:56How should the jobs crisis in the eurozone be fixed?
Monday, 15 April 2013 12:30Africa Calling
Tuesday, 07 May 2013 16:42Five answers marketing needs from compliance
The repo desk, your new best friend forever
The meaning of life & execution consulting
A head start for HFT; or a downward spiral?
2013 - The year client clearing becomes a realityThis concise afternoon seminar on transition management is designed for pension fund trustees, beneficial owners, asset management firms, risk and treasury professionals.
Seminar: June 6th 2013, 2pm to 6pm
Monkwell Square,
Wood Street,
London EC2Y 5BL