May 17, 2012 - Today FINCAD released the results of its third annual finance survey, which demonstrated that intra-day risk management is an important requirement for both the sell-side and buy-side.
May 16, 2012 - Finance ministers from across the European Union (EU) have finalised an agreement that will overhaul regulation in the region's banking industry.
May 16, 2012 - Finance ministers from across the European Union (EU) have finalised an agreement that will overhaul regulation in the region's banking industry.
May 15, 2012 - Recent problems seen at JP Morgan Chase provide solid evidence as to why the government had to intervene and change the rules in the US banking system, Barack Obama has said.
May 11, 2012 - Spending on market surveillance programmes covering equities and derivatives trading across Europe will grow by at least eight per cent in 2012, increasing from EUR105 million in 2011 to EUR126 million by 2014, according to research from Tabb Group.
May 11, 2012 - Spending on market surveillance programmes covering equities and derivatives trading across Europe will grow by at least eight per cent in 2012, increasing from EUR105 million in 2011 to EUR126 million by 2014, according to research from Tabb Group.
May 11, 2012 - JP Morgan Chase & Co lost a minimum of $2 billion during a failed hedging strategy, it has emerged. Jamie Dimon, chief executive of the major US bank - which holds global assets of $2.3 trillion - revealed the company has suffered eight-figure losses in its synthetic credit portfolio in the last few months.
May 9 , 2012 - Banks should be afforded more time and patience from regulators to enable them to improve their business in such difficult economic circumstances. That is the opinion of Sir John Gieve, former deputy governor of the Bank of England, who believes that giving financiers additional leeway would support lending and stimulate growth, the Daily Telegraph reports.
