A rule many thought had died silently in the legislative process is about to be resuscitated, and bond market pros say it will be devastating to bond market liquidity.

Jes Staley gets to stay in his job, but his difficulties don't end with one investigation

Pimco and Anchorage subpoena the Spanish bank for information to support their case in the EU General Court and criminal proceedings in Madrid.

As many banks CEOs, especially in Europe, are still struggling to make their institutions profitable, could it be that turning to the chief risk officer can be part of the solution?

ECM bankers look safer from automation than their DCM colleagues, whatever Spotify might be up to.

Objective to increase transparency has largely failed but liquidity remains resilient, say senior traders.

The country’s Employees Provident Fund puts considerable effort into Shariah compliance from an ESG framework. Could chief executive Shahril Ridza Ridzuan have hit upon a template for other Islamic funds?

Initiatives aim to create depository insurance scheme; targeted at new NPLs, not existing stock.

Finance ministers and central bankers at the G20 have called for greater global coordination in their approach to cryptocurrencies, but that looks a remote prospect when different regulatory bodies in the same country cannot agree a strategy.

China is going cashless and cardless fast, with hundreds of millions of wealthy consumers leaping ahead to mobile wallets and providing some valuable insights for the possible future of open banking in Europe.

ESMA and IOSCO are looking at how best to tackle the issue of excessive leverage in the retail FX market – reactions among retail brokers are mixed.

Comments at Las Vegas conference suggest banks ‘should have the right to do the leveraged lending that they want’.

Talk of exchange-traded funds offering exposure to additional tier-1 debt may not be as worrying as it sounds

Traders are having to manage a surge in the number of prices they handle, as counterparties implement FX code of conduct guidelines.

March 2018

Euromoney looks at the approach taken by regulators to encouraging fintech innovation in North America, after the announcement of a formal information exchange arrangement between the UK’s Financial Conduct Authority (FCA) and the US Commodity Futures Trading Commission (CFTC).

Collect everything and store it for ever, or only collect some data and destroy it as soon as possible? That is the question facing bank compliance officers struggling with Mifid II and GDPR.

Comments made by the US regulator at an FX industry event in Miami in February have raised the hackles of some market participants over the thorny issue of ghost or phantom liquidity.

The Financial Conduct Authority (FCA) director in charge of stamping out market abuse sees her work as a dialogue with the industry.

Efforts to improve the speed of payments being made to small and medium-sized enterprises (SMEs) has not seen success, so technology might be used to fill the gap.

In the month since the deadline of the second Payment Services Directive (PSD2), there has been little obvious change in how banks are allowing companies and consumers access to their customer accounts. This does not mean all banks have been standing still.

The findings of JPMorgan’s 2018 e-trading survey underlined yet again the importance of effective execution policies and systems.

Industry experts on whistleblowing have been lobbying hard for reform, but it is still often the case that whistleblowers with the best of intentions have found themselves in legal grey areas, ending up blacklisted, bankrupt and unable to work in the City again.

As correspondent banking becomes fraught with issues, but remains a central aspect of business, the industry is seeing an overhaul of its guidelines to ensure high standards of due diligence while still allowing business to flow.

The forex market may have had a quiet 2017 with no big market dislocations, but liquidity is not as deep as it once was, while the buy side is becoming more discerning, driving changes in trading behaviour.

JPMorgan’s annual institutional e-trading survey shows rising appetite for mobile trading, but growth in algo execution has been slower than anticipated.

Most companies using Swift have met the deadline for attesting to the customer security controls framework (CSCF), paving the way for stronger security and control in payments messaging.

With just under half of Bank of America’s staff reporting to her, Cathy Bessant is one of the most powerful people in banking. She sees technology now developing faster than banks’ ability to implement it – or work out what to do with it – and believes cyber security to be the most important challenge of all.

Equities is a business where only the top handful of banks traditionally make money. It is also a sector with shrinking volumes and revenues. So why are two banks outside the top tier – Citi and HSBC – trying to boost their franchises?

Concerns over rising protectionism reducing the trade in goods might be offset by the growing trend for trade in services.