Acquirers are being punished for actions they had no control over
Regulator announces reforms in response to financial crisis failings
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 Financial crisis articles
Counterparty concerns could lead to increased use of clearing
Banks must involve op risk in strategy decisions, says RBS' Spielmann
This paper examines the dynamic linkages in credit risk between the money market and the derivatives market during 2004-9. We use the T-bill-Eurodollar (TED) spread to measure credit risk in the money...
Settlement resolves civil claims over residential mortgage-backed securities
Despite massive investment in human capital and technical resources, risk managers failed to warn about the dangers of toxic assets and excessive leverage in the run-up to the global financial crisi...
Regulators' efforts to prevent another crisis are having the opposite effect
For several years leading up to the outbreak of the financial crisis, growth in the use of arbitrage collateralized debt obligations (CDOs) was explosive. In this paper, we discuss potential sources of...
Although the financial crisis of the late 2000s was largely triggered by credit and market risk events, there were also substantial impacts on operational risk. We identify these impacts using nearly a...
Up close and personal
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.