Michael Bodson, president and CEO of DTCC feels that as derivatives are a global business, the ability to provide regulators with immediate access to a global data set is crucial.
A series of missteps amidst a volatile banking environment, combined with an insider trading scandal, have left the CEO of Japan’s largest investment bank with no choice but to resign.
David Millar, risk consultant and trainer and former COO at global risk management association, PRMIA, looks at the impact of local SIFIs in Asia and questions whether the designation is achieving what was hoped for.
Nomura Holdings’ top ex-Lehman executive Jesse Bhattal has stepped down from his position, raising questions of whether the top Japanese brokerage is on the verge of revamping its global strategies.