In February 2023, an employee of Norway’s sovereign wealth fund accidently keyed in “December 1” instead of “November 1” ...

The bank’s NSFR was down 6.5 percentage points from the prior quarter, leaving it just 85 basis points above the regulatory ...

European foreign exchange prime brokers (FXPBs) have been able to lure hedge fund clients away from US rivals by offering more favourable initial margin requirements for FX options trades.

Canadian bank is beginning to roll out GenAI tool for internal use cases ...

Market risk-weighted assets (RWAs) hit record highs at six Chinese banks in the first quarter of the year after new capital management rules came into effect on January 1. Across a consistent sample ...

The Basel Committee on Banking Supervision is reviewing the regulatory liquidity ratios applied to banks, Risk.net understands, in the wake of dramatic deposit outflows seen last year at some US ...

The first trades on a new triparty repo platform have brought Canada a step closer to plugging a C$6o billion ($44 billion) ...

BNP Paribas has begun offering options on equity volatility carry strategies, in a sign of hedge funds’ growing demand for options-based access to quantitative investments.

But more eye-catching is the growth in non-spot instruments such as non-deliverable forwards (NDFs) and FX swaps. Here, daily volumes have leapt from $10.9 billion a year ago to $25.7 billion in April ...

New York Community Bancorp (NYCB) increased stopgap liquidity drawdowns by 25.8% as its deposits dwindled over the first quarter. The bank’s wholesale liabilities are now its largest source of ...

It’s a game that has played out for years between investors using quant models to dissect what’s said on earnings calls, and bosses changing their language in response. For a while the bosses seemed ...

A consortium of 10 banks and market-making firms is investing $172 million in BGC’s electronic trading and exchange business, ...