Company News



Consultation on a possible framework for the recovery and resolution of nonbank financial institutions

The objective of the consultation is to seek stakeholder-views on a possible framework for the recovery and resolution of nonbank financial institutions. . .


EBA publishes Good Practices for ETF Risk Management

The European Banking Authority (EBA) has issued an Opinion addressed to National Supervisory Authorities (NSAs) on Good Practices for the Risk Management of Exchange Traded Funds (ETFs). . .

http://eba.europa.eu/News–Communications/Year/2013/EBA-publishes-Good-Practices-for-ETF-Risk-Manageme.aspx



EBA consults on technical standards for recovery plans

The European Banking Authority (EBA) has launched a consultation on Draft Regulatory Technical Standard (RTS) on the content of recovery plans. In doing so the EBA starts the preparatory work for the implementation of the Recovery and Resolution Directive (RRD) currently discussed by the EU legislators. The consultation runs until 11 June 2013 . . .

http://eba.europa.eu/News–Communications/Year/2013/EBA-consults-on-technical-standards-for-recovery-p.aspx



Traders Flee Asia Hedge Funds as Job Haven Turns Dead End

Paul Smith moved from London to Hong Kong to work in Asia’s hedge-fund industry almost 17 years ago, and he rode the boom to its peak. Last year, like other industry veterans, he quit. . .

http://www.bloomberg.com/news/2013-03-05/traders-flee-asia-hedge-funds-as-haven-becomes-dead-end.html



Citi’s Criticized Comp Plans To Pay Out $579m To Execs

Citigroup executives stand to collect $579m under profit-sharing plans that include the one shareholders voted against last year. . .

http://hereisthecity.com/2013/03/05/citis-criticized-comp-plans-pay-out-579m-to-execs/