Anonymous sources
Risk.net
Iceland returns to market with $1bn 5yr deal - Risk.net
“The issuance came at a good time in a good size with a good price,” says a senior portfolio manager at a major global investment house in London, who asked to remain anonymous. “The roadshow was well received, especially in the US. ...
SFC reprimands Merrill Lynch over index-linked notes - Risk.net
"There has been a detailed review of our sales practices around structured investment product and everyone's pretty confident this is not going to happen again," says an official close to Merrill. In May 2010, the SFC fined the bank $3.5 million for ...
Korean regulator cracks down on scalpers arbitraging ELW market - Risk.net
It will stop retail investors who have small amounts of money and will also make the market more shallow and increase the scalping percentage," says a senior official at a foreign securities firm based in Korea, who declined to be named. ...
Fed to kick off annual stress-testing programme 'towards end of the year' - Risk.net
Then we compare results, and try to figure out which one we feel more comfortable with – theirs or ours," says the source, who declined to be named. The approach reflects a move away from bank-reliant models of supervision, under which institutions ...
Merrill Lynch fined by SFC for mis-selling ILNs - Risk.net
"There has been a detailed review of our sales practices around structured investment product and everyone's pretty confident this is not going to happen again," says an official close to Merrill Lynch. In May 2010, the SFC fined Merrill Lynch $3.5 ...
Deutsche Bank's securities and exchange-trading operations banned in Korea for ... - Risk.net
"Deutsche Bank's traders have explained to regulators that the two trades were separate - one was an index arbitrage unwind and the other the purchase of cheap/ mispriced puts," said an official close to the bank. "Due diligence was done in relation to ...
Bonuses fail to match expectations - Risk.net
A London-based headhunter who asked to remain anonymous said: "The Goldman Sachs bonuses this year completely blew everyone away, compared with what they ...