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  1. BAML increases inflation market share

    Another of the BAML's highlights this year has come in the guise of a legacy position it had in a financial lease linked to the Belgian inflation rate that it had repacked in 1997, when selling the lease to a French investor.

  2. EU regulators ready to act in concert?

    If we stick to that, it should be possible to reach a compromise,” says Eddy Wymeersch, chairman of the supervisory board of the Belgian Banking, Finance and Insurance Commission (CBFA) in Brussels, and chairman of Cesr.

  3. Sovereign CDSs hit record highs

    Spreads referencing French bank BNP Paribas widened to 103.7bp from 98bp as it attempts to secure Fortis' Belgian and Luxembourg assets. Five-year senior credit default swap (CDS) spreads referencing the US reached a record 75bp at 12:00am London...

    Published
  4. On the move

    The China Insurance Regulatory Commission (CIRC) said in December that it was not happy with Ping An's aggressive overseas expansion and that the group would probably never recover from its billion-dollar losses in Belgian bancassurer Fortis Group.

    Published
  5. On the move

    Belgian-Dutch bank Fortis has appointed Edith Ngan as regional managing director of its Asian prime fund solutions (PFS) unit in Hong Kong. Gupta will report to Guy Harvey-Samuel, chief executive of HSBC in Singapore, and to Gordon French, Hong...

    Published