Foreign exchange
Korea moves to restrict FX derivatives leverage
Bank of Korea and Ministry of Strategy and Finance cut back leverage caps and limit corporate hedging of currency risks to 100% from 125% of exposure
FX volatility creates headaches for bond investors
Investors shift allocations to US dollar products as euro sinks.
Brough: Europe could ultimately benefit from euro collapse
Schroders’ Andy Brough believes an eventual collapse of the euro would not be the Doomsday event many fear and could be the best scenario for many nations on the Continent.
Russia targets CLS inclusion by 2015
Settlement risk in Russia's ruble is preventing the currency realising its global ambitions
Renminbi realignment
The Hong Kong Monetary Authority is staking its claim to become the de facto offshore settlement centre for renminbi amid expectations the Chinese currency will one day usurp the greenback as the dominant medium of exchange in the region. But there are…
Beware the ‘small print’ in transitions, says Moore at Russell Investments
Transition managers can fall through the cracks in regulation, says investment consultant’s Asia-Pacific chief
Bonuses fail to match expectations
Bonus speculation is now over as the banks pay out, with the exception of Royal Bank of Scotland, which will not pay bonuses until June.
Greece’s $40 billion bailout an improvement, but issues remain
Markets soothed as firm details of Greek rescue plan are announced, eurozone will provide €30 billion at discounted 5% rate for year forward, analysts less convinced
Euro should not covet reserve role
Panellists in a new CentralBanking.com web seminar say becoming a reserve currency would hamper recovery
Delivering on FX
Banks in the Asia-Pacific region are ramping up their proprietary electronic foreign exchange platforms in an attempt to capture a bigger slice of Asia’s burgeoning forex business. How is the shake-up in the market progressing?
Sponsored statement: Finding safe harbour
As regional banks cautiously develop currency markets and sovereign risk threatens global market stability, Société Générale explains why going back to basics is a sound strategy
The increasing FX
FX-linked products are on the rise as yield hungry investors look to one of the few underlyings that has been feasible to structure into short term capital protected notes in recent times while hedging conditions improve for issuers. A transparent and…