Dutch bank ABN Amro is expanding its London foreign exchange strategy team by hiring Aziz McMahon, formerly a treasury economist with Ulster Bank, as a forex strategist.
Deutsche Bank and the US' FleetBoston Financial have revealed one of the largest over-the-counter (OTC) derivatives deals in history. The portfolio deal, with a notional value of about $40 billion, was executed in June to protect Fleet from short-term...
Deutsche Banc Alex. Brown, the US investment banking arm of Germany's Deutsche Bank, has lured Steve Beck from internet mortgage bond trading platform, Vertical Crossings, to become a senior salesman offering interest rate swaps and bonds in the US.
Deutsche Bank has added two major components to its DBIQ online analysis system that will allow analysis of structural risks and present value-at-risk (VAR) analysis through full Monte Carlo simulation. The DBIQ portfolio system and DBIQ risk system build...
The Basel Committee on Banking Supervision has issued a proposal for determining the capital reserves for bank equity exposures. It promises to be as controversial as the other aspects of the Basel II capital Accord.
The granularity adjustment for the IRB approach to credit risk contained in Basel II is controversial. Some banks say it is too simplistic. Regulators disagree.
Concerns over credit event definitions and the Basel Committee’s ‘ w ’ capital charge on credit mitigation instruments will not be easily resolved.