Japanese banks are looking to use JP Morgan's Interbank Information Network to bolster AML measures because it makes screening of cash recipients faster and more efficient.
December 11, 2019ISDA is prepared to re-consult on adding a mandatory pre-cessation fallback clause in LIBOR contracts once it gets clarity from regulators on the implications of a “non-representative” LIBOR.
December 10, 2019HKEX has reportedly brought in UBS, Credit Suisse and HSBC to help it engage with LSEG shareholders and provide advice on its recently-rejected bid to takeover the London bourse.
September 24, 2019Following the success of the Hong Kong Bond Connect and Shanghai-London Stock Connect, China and the UK are exploring the feasibility of a bond connect programme.
July 12, 2019JPMorgan is likely to become the first foreign firm to gain a controlling stake in an asset management joint venture in China, while Morgan Stanley may soon control its China securities unit.
July 6, 2019CMPs are issued by banks, offering higher yields than money market funds and promising a high level of liquidity, but there are no restrictions on how CMP funds can be invested.
July 4, 2019New ASIFMA report says China’s capital markets are reaching an inflection point, and provides 103 recommendations to facilitate their further development.
June 17, 2019HKMA Deputy Chief Howard Lee says global banks are the "best equipped" and should be taking the lead in the transition to alternative reference rates.
June 3, 2019Opening up bond futures trading to banks will improve volumes, liquidity, hedging tools, and price discovery across the broader bond market.
May 24, 2019Compliance to ESG standards and principles will permanently transform the way we conduct business, says international banking veteran Philippe Dirckx.
May 6, 2019