Derivatives

Continental Europe’s biggest bank will reduce its balance sheet as regulators implement stricter rules on the relation of equity to total assets.
Some of the world’s biggest investment banks were accused by the EU of colluding to curb competition in the credit derivatives industry.
Over the past five years, the European Union and the U.S. have developed separate, new regulatory regimes for derivatives.
U.S. bankers and insurers are trying to use trade deals, which can trump existing legislation, to weaken parts of the Dodd-Frank Act designed to prevent a repeat of the 2008 financial crisis.
Top executives of the two largest U.S. derivatives exchanges say regulators must take further steps to align Dodd-Frank Act rules with those of foreign counterparts to avoid oversight splits that could harm markets.
The number of derivatives traded on exchanges rose in the first quarter as continuing political and economic risks drove volume.
Credit Suisse Group AG sued Mexico’s biggest homebuilder, seeking $26.7 million over a canceled derivatives transaction.
Regulators say the OTC derivatives market is a global market and requires consistent standards in and across jurisdictions.
JPMorgan Chase & Co. will face more regulatory sanctions in the coming months due to record trading losses tied to bad bets.
U.S. House lawmakers may advance legislation that would give banks greater ability to trade swaps overseas.