Opinion
Basel Committee under time pressure
Time is on the slide
BP: lessons learned
BP: lessons learned
Talking triggers: Rob Davies column
Regulators have given governments the freedom to decide at what point triggers should cause debt to be written off, giving investors a headache
Lovelier the second time around? Marty Fridson column
Private equity firms are sitting on $1 trillion of uninvested capital. That’s why they are buying ‘second-hand’ companies with questionable value potential from other private equity firms.
Low liquidity is the new norm for portfolio managers: Caveat Emptor column
Portfolio managers accustomed to building books in neat blocks of $50 million may struggle to unwind such positions in the new liquidity-starved secondary markets.
Editor’s letter - Energy end-users special report
Editor’s letter - Energy end-users special report
Liquidity takes centre stage for banks and regulators
Regulators and banks have increased their focus on liquidity risk management significantly since the crisis. William Perraudin discusses some of the possible implications
Organisational aspects of risk management
In the last of this four-part series, David Rowe looks at organisational issues and argues the chief executive and board must accept responsibility for strategic risk management decisions
Change is the only constant
Regulatory change is inevitable, but those in Basel say they are taking it slow
Safer instability
Regulators are preparing to introduce a host of new regulations to improve the resilience of the financial system. But this should go hand in hand with the use of policy tools to prevent asset price bubbles, argues Ryozo Himino
Stressing out over stress tests: Rob Davies column
Observers are expressing doubts over how useful the latest round of Cebs stress tests for European banks will be.
High yield spreads no longer correlated to default rates: Jerry Tempelman column
High yield spreads are more highly correlated to the VIX index than to default rates.
The FDIC’s only safe harbour is from itself: Joseph Mason column
The US Court of Appeals has ruled against the FDIC in a case that gave rise to the regulator’s original safe harbour provisions for securitisation deals.
Is the CFA qualification worth sweet FA? Caveat Emptor column
Chartered Financial Analyst, the qualification that is de rigueur for any aspiring fund manager, fails to address the principles of proper risk management.
Lookback: The Which way
An irreverent take on events of the last month, including the Which confusion over structured products, ETF trading, S&P's benchmarks, a Swiss preference for capital protection and more capital gains tax in the UK
