Sliding profits are prompting banks to take a new look at an old idea – an industry run back-office utility
Credit Suisse will get access to “world-class” technology in joint venture
This panel will discuss ways to allocate resources and minimize potential exposure with a set of analytical tools to assess, simulate and quantify operational risk capital to improve business efficiency and performance across the enterprise.
More Joe Rennison articles
CCP exposures not in scope of new regime, but clearing members are
“Historical relationships” will make it difficult for prop traders and others to make markets on Sefs
Finra says year-long approval process revealed "notable outliers"
There "could be a role" at one of the market's new utilities
Russian bank's trading head says political crisis has not spilled into local markets
Impartial access rules for Sefs allow firms to gatecrash interdealer market
Jon Kinol will lead a new electronic market-making project, leaving David Tait as sole head of the bank’s macro products group
Not too big to fail?
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.