Ongoing stresses in the banking system could lead to a broader contraction in credit, resulting in a "marked slowdown in economic activity".
May 9, 2023The ECB is asking banks about their practices for hedging interest rate risk, including to assess whether risks have been shifted to nonbanks.
April 30, 2023The proposals will make it easier to designate investment managers, insurers and other nonbank financial groups as systemically important.
April 25, 2023Citadel shut down its Japan operations during the 2008 GFC, but is seeking to reopen in Tokyo by the end of the year.
April 3, 2023The quick reference guides are intended to encourage more family offices and private equity businesses to operate in Hong Kong.
March 23, 2023In one new lawsuit, AQR Capital Management and four other hedge funds are claiming almost $100mn in damages.
March 8, 2023Private equity and hedge fund managers will need at least CNY 10 million in paid-in capital to operate, about five times more than the existing requirements.
March 1, 2023Exchanges are reporting business as usual, though ION is said to be rebuilding its systems. Cybersecurity firm Crowdstrike will validate.
February 9, 2023In 2024, the interbank FX market will be opened to offshore financial firms that become certified as 'registered foreign institutions'.
February 8, 2023The SEC has asked firms including Point72 Asset Management and Citadel to search employees' personal devices for evidence of business dealings via unapproved channels.
February 8, 2023