Much awaited parliamentary report singles out seven individuals including Icelandic central bank’s governing board trio as responsible for 2008 collapse of banking sector
New liquidity rules proposed by the UK Financial Services Authority (FSA) will compel banks and lenders to keep a 'liquid assets buffer' of short-term government bonds, which will mean a significant increase...
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.
More Landsbanki articles
Isda is providing protocols to amend CDS paperwork before the settlement auctions for Iceland’s defaulted banks
The International Swaps and Derivatives Association on Wednesday confirmed that the Icelandic government’s takeover of Landsbanki on October 7 and its acquisition of a 75% stake in Glitnir Bank on September 29 constitute technical credit events.
Fears over the strength of the Icelandic banking system have caused the krona to plunge, prompting the country's central bank to hike interest rates to record levels. The initiative seems to have worked, with the currency rebounding and credit spreads...
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