NetQuantum :: Business :: Investing :: Derivatives ::

• Financial industry may face new rules next year
Previously obscure corners of the industry now subject to few rules, such as complex derivatives and hedge funds, could face federal supervision for the first time. Meanwhile, heavily regulated sectors, such as banking and insurance, are likely to ...
• Bank of America to Lehman: Where's Our Money?
Now an even more troubling scenario is arising: legal disputes stemming from the estimated $1 trillion in derivatives transactions that Lehman had entered into on behalf of itself and some of its customers. Already, at least three lawsuits have been ...
• French bank to take majority stake in Fortis
Then Fortis essentially confirmed rumors that had dogged it for months by disclosing huge losses in its credit derivatives portfolio — noteworthy because few European banks have been full and frank about their woes. It warned that further write ...
• UBS to cut 2,000 jobs; subprime mess spreads
UBS said it will aim to maintain the strengths of its equities business in cash distribution, derivatives and prime services and seek further efficiency gains. It will also continue to provide investment bank clients with strategic advice and access ...
• Chinese imports banned amid milk scandal
... than a dozen countries have banned or recalled Chinese dairy products — the latest was France which does not import Chinese dairy products but has halted imports of Chinese biscuits, candy or other foods that could contain Chinese dairy derivatives ...