Leadership & Strategy
Bond Buffer Seen in Demand for Swaps Collateral: Credit Markets
New collateral rules for hedge funds, insurers and others in the $633 trillion over-the-counter derivatives market are poised to boost demand for U.S. Treasuries, potentially slowing rising yields as ...
Buffett’s Charity Lunch Auction Draws Winning Bid of $1 Million
Warren Buffett's annual lunch auction, a fundraiser for San Francisco's Glide Foundation, raised about $1 million, the lowest amount in six years. The event drew 106 bids from 8 people as it ...Runoff Specialist Enstar Acquiring Active Atrium Underwriting Ops, Arden Re
Bermuda-based runoff management specialist Enstar Group Limited announced Wednesday that it has entered into definitive agreements with Arden Holdings Limited to acquire Atrium Underwriting Group ...
Fed’s Plosser Favors Too-Big-To-Fail Firms Holding More Capital
Federal Reserve Bank of Philadelphia President Charles Plosser called for the largest financial institutions to hold more capital to help prevent a repeat of the recent financial crisis, and renewed ...
Sea Level Rise May Be Less Than Feared But Still Bring Severe Surges
A melt of ice on Greenland and Antarctica is likely to be less severe than expected this century, limiting sea level rise to a maximum of 69 cm (27 inches), an international study said on Tuesday. ...
U.K. Financial Services Employees Say Colleagues Overpaid
Most U.K. financial-services employees say some within their companies are paid too much amid negative public sentiment toward the industry, according to a survey by the Chartered Institute of ...
Commercial Insurance Rates Up 5% for 3d Month: MarketScout
The average composite rate for commercial property/casualty insurance in the U.S. was up five percent for May 2013. This marks the third month in a row for a five percent increase, according to ...