HSBC today revealed it would try to raise £12.5 billion through a UK rights issue, as it announced both a 62% drop in profits in 2008 and intention to close its US consumer finance business.
LONDON - Industry sources suggest UK bank HSBC is gearing up to apply for the advanced measurement approach (AMA) to operational risk under Basel II. The bank's operational risk programme has historically...
Insurance Risk and BNY Mellon have conducted a survey to look at how insurance companies are preparing for the new regime and the opportunities and challenges that the changes will bring.
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A proposal by a consortium of major derivatives dealers to acquire London-based clearing house LCH.Clearnet has led to suggestions that banks becoming intimately involved in the clearing process could present a conflict of interest.
The cost of credit protection on Dutch and Belgian bank Fortis narrowed this morning, after Fortis chairman Jozef de Mey and BNP Paribas chief executive Baudoin Prot told media the takeover deal between the two banks is still alive.
A consortium of major US and European financial institutions is lining up a bid for London-based derivatives clearing house LCH.Clearnet. Deutsche Bank is acting as adviser on the acquisition, as well as being part of the bidding group.
Asian institutions appear to have had relatively low exposure to the latest dramatic development on Wall Street - the blow-up of investments managed by Bernard Madoff, now indicted for allegedly running a $50 billion ponzi scheme, which pays old investors...
This paper discusses a number of diverse considerations that risk managers need to incorporate into their thought processes and recurring procedures if they are to fulfill their role more effectively in the future
Australia, 5th - 7th Mar 2014
South Africa, 12th - 14th Mar 2014
UK, 12th Mar 2014
UK, 13th - 14th Mar 2014
UK, 13th Mar 2014