The next time a big dealer defaults, it will hit a host of swap clearing houses simultaneously
Counterparty concerns could lead to increased use of clearing
A couple invested in a Lehman Brothers-backed structured product will not be able to claim £165,000 back after the UK Financial Ombudsman Service rules it was not mis-sold by Meteor
This highly engaging intensive one-week course is designed to meet the demands of the risk professional by bridging the gap between theory and practice in financial risk management. The course includes a day specifically dedicated to counterparty and enterprise risk. Save your seat now: programme starts March 23rd 2015 at Imperial College London.
More Lehman Brothers articles
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...
Five years on from the collapse of Lehman Brothers, the chaos that followed is now being erased from some value-at-risk models – and clearing houses do not agree on how to prop up their margin req...
Enter the professionals
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Regulators' demands for more transparency are loading a heavy burden on to compliance, IT and operational risk teams at financial institutions. But collecting the data could have unforeseen benefits...
The Bank of New York Mellon has failed in its bid to dismiss a lawsuit that alleges it lost more than $1 billion by mishandling pension funds’ investments in Lehman Brothers
This whitepaper reviews the fundamental changes of Liquidity Risk Management under Basel III. It discusses how institutions can meet the regulatory requirements on liquidity risk management by enhancing their liquidity risk analytics, funds transfer pricing methodologies, liquidity stress testing frameworks, and enterprise risk management platforms.