Banks round on one-size-fits-all rules for market, credit and op risk
Regulators argue a backstop is needed to avoid too-low modelled numbers
Mending the RWA machine
Behind-the-scenes clampdown sets loss-given-default floor at 45% – and could make UK bonds less attractive
Weight loss: preparing for a low-RWA future
Love letters to models
A weighty issue
On the scrapheap
In depth: bank capital introduction
A stricter approach to the modelling of bank capital is "high likely", as a result of concerns that risk-weighted asset numbers are too divergent
A weight on their minds
Discussions are already under way behind closed doors, knock-on effects for bank capital could be substantial
AMA projects on hold as Chinese banks get to grips with credit risk portion of Basel II
Nordic banks want to use the Basel framework’s advanced approach to credit risk capital, but local regulators are insistent that data – rather than judgement – has to be the basis for the calculations. Banks don’t have enough instances of default...
SunGard, the 900-pound gorilla of the financial sector software market, has been strangely absent from the operational risk software arena so far, according to both financial and technology industry executives. Now, however, that looks set to possibly...
SunGard Trading and Risk Systems, an operating group of SunGard (NYSE:SDS), has announced that UK-based Portman Building Society has chosen SunGard's Basel II Capital Manager to help it to comply with the new Basel II regulations and to achieve best practice...
This is the fifth of Charles Smithson's latest series of Class Notes, which will run in alternate issues of Risk through to the end of 2004. Class Notes is an educational series, designed to pull together the threads of recent developments and thinking...
Basel II is an opportunity for banks to modernize and upgrade their risk practices, policies and technology to manage risk in a holistic fashion. Alliance & Leicester, a UK based financial institution with assets of over €55 billion, took early advantage...
It has been more than six years in the making, but the final text of the Basel II framework has arrived. The Basel Committee on Banking Supervision published the text at the end of June to a mix response from the financial services industry.