Allegations that Houston-based El Paso swapped power contracts with Morgan Stanley to avoid a restatement of earnings sent shares of the troubled energy company tumbling today.
NEW YORK - Fitch Risk Management, part of rating agency Fitch, said in mid-July it was acquiring NetRisk and its subsidiary OpVantage, both Connecticut-based risk management companies.
More Pricewaterhousecoopers (pwc) articles
Many financial institutions are not managing the full spectrum of risks effectively, according to a new report from PricewaterhouseCoopers and the Economist Intelligence Unit (EIU). The report said ...
Enron Europe’s administrators PricewaterhouseCoopers (PwC) said today that 250,000 over-the-counter energy derivatives contracts still need to be closed out to unwind the business.
LONDON - Some of the concerns of banking regulators about the effectiveness of insurance cover when operational disaster strikes a company could be illustrated by the plight of Independent Insurance...
The sophistication of analytical software for managing operational risk will increase dramatically over the next year. Such was the message delivered by Charles Smithson, managing partner of financi...
The Basel Committee shied away from the most risk-sensitive way of calculating an op risk charge, says Michael Haubenstock. He argues for a green light.
MANAGEMENT & OPERATIONS
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.