Tag:
assets
Latest Headlines
Latest Headlines
Bank of America's derivatives shift stokes concerns
Bank of America raised eyebrows not too long ago when it said intended to shift some derivatives assets to a unit that holds insured funds, apparently at the request of counterparties that were concerned about recent credit downgrades.
Recall that Bank of America's bonds had recently been down
Hedge fund inflows are no performance guarantee
AllAboutAlpha.com makes an interesting point about the recent inflows we've see into hedge funds: Inflows may not strictly be correlated with strong performance.
While the conventional wisdom holds that strong performance attracts fund investors, the equation doesn't always hold. To be sur
Credit rating agencies set to comply with 17g-7
Recall that in January, the SEC Securities and Exchange Commission adopted rules required under Dodd-Frank that included a requirement that all NRSROs include a report with every credit report that clearly lays out the representations, warranties and enforcement mechanisms available to investors a
SEC proposes ban on shorting structured products
If there's one thing that infuriated critics during the great structured product implosion, it was the practice of banks taking positions on various trades that seem to put it at odds with some clients.
It does seem tawdry when an investment banks issues various securities to clients, and then
Market forcing Bank of America into a capital raise?
Brian Moynihan has been loud and clear on this: Bank of America does not need a capital raise. After all, the troubled bank has a lot of non-core assets to sell, which it surely will. The list of non-core assets does not include Merrill Lynch. But will the market force Bank of America into a dras
Fed prepares for new approach on credit rating agencies
And the alternative to credit ratings would be what exactly?
This has been a big question since the 2007 financial crisis, and the subsequent tarring and feathering or credit rating agencies. Their role was front and center for the most of the crisis and aftermath, their way-too-generous AAA r
More private equity firms go out of business
You hear a lot about the number of hedge funds that go out of business every year. But not so much about private equity funds that bite the dust. So it came as something of a surprise that private equity fund managers went out of business last year at the fastest rate since records started up 10 y
Too much trading concentrated among top banks
Since the passage of Dodd-Frank, we've heard a lot of debate about whether the problem of "too big to fail" has been solved. No one thinks the problem has been all together erased. Some think the problem is actually getting worse, as top banks are even more dominant.
Here are some arresting fa
Small hedge funds face more regulatory scrutiny
For a while, it looked like hedge funds would escape the regulatory reform push relatively unscathed. That still rings true. The exception might be small hedge funds, many of which will be facing registration requirements for the first time.
According to Dodd-Frank, hedge funds with assets in
Globalization continues to raise HR compliance challenges
Multinational companies sense efficiencies in their bid to impose a measure of uniformity on HR functions and policies. It makes a lot of sense. Why have myriad local policies when you can have a
