Message-ID: <26199442.1075859988474.JavaMail.evans@thyme> Date: Fri, 3 Mar 2000 07:22:00 -0800 (PST) From: dw@iinews.com Subject: DW Alert: BANK OF CHINA to be first Chinese member of Internation al Swaps and Derivatives Association Mime-Version: 1.0 Content-Type: text/plain; charset=ANSI_X3.4-1968 Content-Transfer-Encoding: 7bit X-From: Derivatives Week X-To: X-cc: X-bcc: X-Folder: \Mark_Taylor _Dec_2000\Notes Folders\Notes inbox X-Origin: Taylor-M X-FileName: mtaylor.nsf Dear Derivatives Week subscriber: Catch the latest breaking news in this week's issue by clicking here: http://www.derivativesweek.com Top stories this week: _________________________________________________________ Bank of China has joined the International Swaps and Derivatives Association, breaking new ground as its first Chinese member. An official at ISDA called the Chinese banking giant's move a significant milestone, signaling the acceptance of international derivative standards by a major bank in an immature, but potentially massive market. Bank of America has embarked on a hiring spree as part of an aggressive expansion of its equity and credit derivative business in Asia, particularly Japan. The bank is launching its first equity derivative operations in Japan and is also expanding its structured credit products capabilities, establishing Tokyo as a new hub for structuring, trading and marketing to Asia. Member firms of the International Swaps and Derivatives Association are divided over the capital adequacy treatment for banks versus securities firms in the European Commission consultation paper. ISDA has to resolve the controversy before submitting its response to the EC paper by the middle of this month.? Indian Oil Corp., India's largest commercial enterprise, is gearing up its first use of derivatives and has hired a consultant to help it prepare a policy guideline to present to its board of directors. India Oil could be the first public sector company to use derivatives.??? _________________________________________________________ As a DW subscriber, you are eligible for complimentary access to the Subscribers Only area of the site, which contains the current issue and a searchable archive of all past issues. Use your User ID and Password to access the entire site. If you don't have these yet, hit 'REPLY' to this email, fill out the proper information below, and send it back to me. I'll get you set up right away! =============================== Newsletter Title: My name is: My company is: My city location is: I choose my new user name to be: I choose my new password to be: =============================== ? If you'd prefer, call our Customer Service Department at 212-224-3800 and give them the information above. >>>>>>>>>>>>>>>>>>>>>>>>>><<<<<<<<<<<<<<<<<<<<<<<<<< YOUR USER NAME AND PASSWORD ARE FOR YOUR PERSONAL USE ONLY.? THEY MAY NOT BE SHARED WITH ANYONE AND NO ONE ELSE SHOULD ACCESS THE SITE WITH YOUR USER NAME AND PASSWORD. >>>>>>>>>>>>>>>>>>>>>>>>>><<<<<<<<<<<<<<<<<<<<<<<<<< If you have questions, comments or suggestions, please do not hesitate to call me at 1-212-224-3034. Thanks and enjoy this week's issue. Jim Beecher Publisher NOTE: You will receive weekly updates of the hottest stories in Derivatives Week. These are not random mass mailings but rather one-time messages for your personal attention. If you do not wish to continue to receive these notices, please click 'reply', type 'remove' and enter your name and company. You will then be removed from our email database.