The US needs a single financial stability regulator, said Tom Ryan, chief executive of the Securities Industry and Financial Markets Association (SIFMA).  In a recent presentation at a Reuters conference, Ryan said that regulatory agency will need better information.
“Regulators are basically rear view people.” They have been operating with data that is three months old. [...]

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What role should derivatives play in a reformed financial services marketplace?
I have yet to see much intelligent discussion on the topic and was really disappointed that the FT, in a full page article, resorted to a simple comment from a market participant and never sought other opinions:
“Forcing OTC products on to exchanges … would result [...]

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Aline van Duyn, writing in the FT over the weekend, says bankers are suffering from the Lake Wobegon effect, something dreamed up by radio talk show host Garrison Keillor who reports from his fictitious Minnesota town “where all the women are strong, all the men are good-looking, and all the children are above average”.
“Well, according [...]

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We’re doing some messing about on Twitter - early days yet, but I’m hoping to join up the dots between some of the houskeeping aspects of this site – forward features, Readers’ Choice Awards entries and so on – to automate some of the more mechanical processes … sorry, I mean “to create an interactive dialogue [...]

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 At a SunGard conference in New Orleans a bunch of years ago, an executive from a Chinese bank – it may have been Citic – explained that they were buying Panorama for risk management so they could learn how western banks did risk.
A week or two ago the International Herald Tribune carried a front page [...]

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