The International Swaps and Derivatives Association (ISDA) has added two new directors and re-elected 10 members to its board of directors, ISDA officials say. The two new directors are: Yasunobu Arima, general manager, Global Markets Planning Division, The Bank of Tokyo-Mitsubishi UFJ, Ltd (BTMU); And Sam Skerry, global head of structured products and IST commercial… Read More >>
CME Group Unveils List of Board Candidates
Derivatives and clearing services marketplace CME Group has announced its candidates for its board of directors, officials say. Elections will be held at the company’s annual meeting on Wednesday, May 20, 2015. CME Group’s board of directors has recommended that Class A and Class B shareholders, voting together, should elect the following 19 individuals to… Read More >>
OCC Orders Banks to Stop ‘Excessive Risk’
Board members of financial services firms are being told to take a more active role in pushing compliance with “safe and sound” banking practices and to oppose management proposals with “excessive risk taking,” according to the final guidelines on governance and risk management practices published by the Office of the Comptroller of the Currency (OCC)…. Read More >>