Wells Fargo
JP, Citi may not see capital benefit from new op risk rules
Collins floor may also prevent Morgan Stanley, State Street and Wells Fargo from realising SMA savings
BAML and Morgan Stanley swaps drop $186bn on VM change
At least seven banks now using settled-to-market treatment for variation margin
Dealers blame US futures IM dip on low vol
CFTC data shows required initial margin down 15% since start of 2017
This tangled web: banks seek to contain systemic model risk
Network studies are being used to identify model dependencies and concentrations
US shale fluffing its feathers in mating dance with banks
Cash-addicted producers are making greater use of hedging to attract loans
Madness in the method: Basel grapples with G-Sib riskometer
Some experts warn the methodology to identify systemic banks could increase systemic risks
Mortgage and auto loan securitisations inflict op risk losses
Megan van Ooyen from SAS rounds up the top five operational risk losses for March 2017
Banks still fretting over softened US TLAC rules
Fed grandfathers existing debt, but leaves TLAC requirements largely unchanged
DRW, Goldman, Wells Fargo back swaps regtech firm
Droit gets $16m capital boost to support growth of cross-border compliance service
Wells Fargo pays the price for ‘ghost account’ fraud
Megan van Ooyen from SAS rounds up the top five op risk losses for September
Indecent exposure: Fed limits threaten swaps liquidity
Unworkable due diligence rules may prompt G-Sibs to cut single counterparty exposures below 5%
Wells Fargo hires senior gas trader from Mercuria
Other hires at Cargill, Millennium Management and Xcel Energy
Q&A: FDIC’s Hoenig warns on daily settled swaps
FDIC vice-chair on leverage-cutting schemes, TLAC and TBTF
FDIC’s Hoenig: don’t impose TLAC, let equity 'do its job'
FDIC vice-chair says TLAC should reflect individual bank business models
People: Three senior forex managers leave Citi
Citi loses three in London office; RBS head of markets departs; Serafini joins Ice; and more
Prime brokers expanding but credit funds 'shoved out the door'
Bank overhaul of prime brokerage hurting some more than others
Op risk experts question banks' cyber strategy
"Stupid hurts just as much as malicious," says Mark Clancy at DTCC
Former enforcement chief takes top job at Ferc
Other commodities moves at BAML, Freepoint, StanChart and Wells Fargo
OCC announces new deputy comptrollers, and other recent job news
Four new deputy comptrollers, within supervision, credit risk, and strategy
Wells Fargo: clear ambition
Low leverage gives clearing newcomer a chance to expand
Wells Fargo set to launch self-cleared prime brokerage
Bank's head of prime services say launch is "a couple of weeks away"
Upstart banks betting on expansion in commodities
Plans for increased involvement contrast with retreat of biggest firms
Wells Fargo offers seven-year note linked to funds basket
More term, more credit risk
Goldman Sachs and Citi aim to keep up with retail demand as equities surge
The rally in equity markets is shifting demand to principal-at-risk structured products, say US banks