Republic First Bank collapsed as a result of steep losses on fixed rate assets in its securities portfolio, which far exceeded its total equity of $197 million.

The discovery of unauthorised intraday bets made by a delta one options trader at Societe Generale has cast a spotlight on the difficulties banks face in monitoring and limiting exposures over the ...

The private credit sector has exploded in size from around $300 million just over a decade ago to $2.1 trillion in 2023, ...

Unclear instructions, late guidance and poor font choices among reasons behind diverging interpretations from EBA’s template ...

Hedge funds are likely to receive more “advantageous” pricing than other buy-side client types and their flow can have more ...

The termination of the US Federal Reserve’s Bank Term Funding Program (BTFP) potentially deprived Comerica of significant amounts of readily available liquidity at favourable terms, underscoring the ...

A start-up trading venue hopes to capitalise on weakening ties between retail brokers and non-bank market-makers, providing ...

Capstone Investment Advisors has been among the beneficiaries of a wave of enthusiasm for multi-strategy hedge funds in recent years. And yet Tom Leake, the $12 billion firm’s head of solutions, is ...

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

The upcoming transition to a T+1 securities settlement cycle in North America could lead to increased use of overnight swaps ...

It’s a Faustian bargain for UK defined benefit pension schemes – how to protect themselves against a liquidity squeeze like the one experienced in the 2022 gilt crisis. While pension schemes are now ...

Operational risk-weighted assets (RWAs) for three Nordic banks hit their highest levels since at least 2016 in the first ...