Peter Madigan
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Articles by Peter Madigan
Libor manipulation lawsuits could cost banks ‘tens of billions’
Barclays' $450m settlement gives lawyers smoking gun evidence of attempts to tamper with benchmark rates
JP Morgan loss was bungled attempt to cut Basel III RWAs, says Dimon
Loss-making unit's RWAs would have tripled under Basel III, JP Morgan chief executive says - but attempting to cut capital burden made its hedges more complex
Credit Risk USA: Direct buy-side clearing 'not feasible'
Added cost and mutualised risk will discourage direct clearing participation, panel concludes
No improvement in porting since Lehman, CCPs say
The collapse of MF Global last year saw clearing houses struggle to port client collateral to other firms - repeating problems seen after Lehman Brothers filed for bankruptcy in 2008
MarkitServ and Traiana vie to build clearing utilities
Middleware firms set to compete in creation of credit-checking hub - but critics say rival utilities would undermine the service
CFTC drops 85% exchange-trading limit
Final rule scraps controversial requirement that 85% of any contract must trade on exchanges
CFTC Dodd-Frank rule-making to drag on until fourth quarter, says O’Malia
CFTC commissioner raises doubt over time line for Dodd-Frank Act – despite a proposed five-month delay
Partisan brief won't affect position limits lawsuit, says former CFTC chair
Brief filed by 17 Democrats at DC court will not influence court, says Sharon Brown-Hruska
Barney Frank: CFTC Sef rules 'excessive'
Congressman supports elements of a bill to clarify CFTC mandate on swap trading venues - but insists it should not weaken competition
HSH claims of fraud in UBS CDO case dismissed
Ruling in North Street deal could set new benchmark for CDO litigation, lawyer argues
OpRisk North America: Too much confidence in risk models, OCC’s Levonian warns
OCC regulator warns risk managers to re-examine data integrity and be wary of model risk
CFTC rule sounds death knell for FIA-Isda trilateral give-ups
Final rule forbids documentation revealing identities or limiting counterparty choice
Gensler defends new CFTC block trade proposals
Revamped rules were not designed to mirror scope of old exemptions, CFTC chair tells FIA conference
International regulators uneasy over Volcker rule
Ban on proprietary trading could affect liquidity in non-US bond markets, regulators argue
CFTC taking ‘check-the-box’ approach to cost-benefit analysis, says congressman
Chair of the general farm commodities and risk management subcommittee accuses the CFTC of conducting only token cost-benefit analyses on Dodd-Frank rule-makings
CCPs need to provide margin efficiency, says industry panel
Central clearing will place a huge burden on end-users, forcing CCPs to consider how best to create operational and margin efficiencies
CME to launch portfolio margining on interest rate swaps and futures
Dealers will be able to cross-margin interest rate swaps, and eurodollar and Treasury futures, from May