Lehman Brothers
BNY Mellon fails to have securities lending lawsuit dismissed
The Bank of New York Mellon has failed in its bid to dismiss a lawsuit that alleges it lost more than $1 billion by mishandling pension funds’ investments in Lehman Brothers
Stressed VAR will hit forex options, dealers warn
Certain forex options and exotics penalised by Basel 2.5, including emerging market currencies and double no-touches
Rethinking client-money protection
Segregation games
Italy downgrade triggers inflation bond sell-off
Moody's downgrade forces Italian linkers out of index
Kroeker leaves SEC for private sector
US regulator's chief accountant will step down next month
Lehman Brothers ruling changes equation for creditors and clients
Protection racket
Chapter 14: using bankruptcy law to solve too-big-to-fail
Too-big-to-fail: the next Chapter
No improvement in porting since Lehman, CCPs say
The collapse of MF Global last year saw clearing houses struggle to port client collateral to other firms - repeating problems seen after Lehman Brothers filed for bankruptcy in 2008
Liquidation cost: why mark-to-market values are wrong
The cost of liquidation
Risk Annual Summit: DVA hedging creates systemic risk, says Brigo
King's College professor of finance Damiano Brigo says regulators should clamp down on dealers looking to hedge debit value adjustment gains by selling CDS protection on closely correlated names
Mitigating op risks for CCPs post-crisis
To the rescue
Nomura names Ashley as global head of fixed income
Steve Ashley has been promoted to global head of fixed income at Nomura, with Georges Assi as his deputy
Here we go again, again
Here we go again, again
Why the West can’t bank on China this time round
China concerns
Flowers defends MF Global as a ‘prudently run’ securities firm, despite Chapter 11 filing
JC Flowers head says reliance on short-term funding is a weakness of whole securities industry – not just MF Global. He adds a worsening eurozone crisis could lead to investment opportunities in troubled banks
Margin minutiae at issue in Jefferies v IDCG suit
Mire in margin minutiae
Industry split over CCPs' ability to face new risks
There is discord in the industry over whether CCPs will be able to deal with the risks of clearing OTC derivatives as mandated by new regulation
Société Générale adds to rates strategy team
Alberto Brondolo and Julian Wiseman appointed to expand SG CIB’s global rates research efforts
Allianz CRO: Industry and regulators 'in denial' over solvency levels
Allianz's Tom Wilson warns liquidity premium in discount rates is disguising effect of current market turmoil on life insurance balance sheets
Washington watchdog sues SEC for destroying investigative files
Government watchdog CREW has sued the SEC and its chair Mary Schapiro for purging documents related to probes of suspected wrongdoing at financial institutions
Launch of interoperability not perfect
Interoperability has launched in cash equities with a system that is good, but not perfect
Repo 105: plaintiffs win ground on 'misleading' risk and leverage statements
Lehman executives and Ernst & Young lose fight to dismiss charges of deceit