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As more institutional investors opt for hedge funds, robust risk management is being seen as a central function needed in order to raise capital, according to a survey by Prmia and SunGard APT
David Koenig, chairman of the Professional Risk Managers' International Association (Prmia), has stepped down this week after three years in post.
The Professional Risk Managers International Association (Prmia) has opened six new offices with a new regional director named to lead each of them. The new offices are in San Francisco and Vancouver in North America; Munich, Athens and Istanbul in Europe;...
The Professional Risk Managers International Association (Prmia) has teamed up with a US financial training company, Zoologic, to offer customised financial training to risk managers.
Karina Carerro has been named the new regional director for the Venezuelan chapter of the Professional Risk Managers’ International Association (PRMIA), while Krzysztof Jajuga will take up the same role at Wroclaw in Poland.
Risk managers must collectively define the value of their trade to be taken seriously, according to Andrew Smith, chief financial risk officer of UK bank HBOS.
New York Attorney General Elliot Spitzer, widely known on Wall Street for having led recent legal attacks on conflicts of interest between underwriting and stock analysis at investment banks, told attendees of the PRMIA 2003 summit today that institutional...
NEW YORK - The Professional Risk Managers' International Association (Prmia) is considering issuing guidelines recommending banks separate their risk management budgets from FX and other business lines.
PARIS AND NEW YORK - The decision to allow the use of insurance to offset operational risk charges, under international and European risk-based regulatory frameworks, has opened yet another proverbial can of worms for banks.
Jean-Claude Trichet, governor of the Bank of France, said transparency is essential to prevent a “herd mentality” in the financial market that can create artificial swings in market prices. During a keynote address at the Professional Risk Managers’...
The operational risk charge related to the Basel II ‘standardised approach’ may be cut in the third consultative paper (CP3) due for release next month by the Basel Committee on Banking Supervision, according to Panagiotis Strouzas, a senior expert...
Christian Jimenez, chief risk officer for Eulia, the European Financial Alliance formed in 2002 by the Caisse des Dépôts Group and Caisse d'Epargne Group, will head the Professional Risk Managers’ International Association’s (Prmia) first Paris...
Jean-Claude Trichet, governor of the Banque de France, and the most likely successor to Wim Duisenberg as president of the European Central Bank (ECB), will make the keynote address at the Professional Risk Managers’ International Association's (Prmia)...
Ron Dembo, founder and president of Algorithmics, the Canadian risk management software and advisory company, has joined the ‘blue ribbon panel” of advisors to the Professional Risk Managers’ International Association (Prmia).
Tom Wilson, head of Oliver Wyman and Company’s global finance and risk practice group, will head a new chapter for the Professional Risk Managers’ International Association (Prmia) in Switzerland.
The Professional Risk Managers’ International Association (Prmia) has created an academic advisory council in a bid to further the integration of risk management theory and practical application.
Delays in Basel II have lulled many into complacency. But despite lack of final details for the regulations, David Rowe argues it is not too early to begin planning and initial implementation.
The Professional Risk Managers’ International Association (PRMIA) today issued its draft bylaws outlining the internal structure and responsibilities of the group.
The Professional Risk Managers’ International Association (PRMIA) will launch its own certified risk manager programme in competition with the financial risk manager (FRM) exam offered by the Global Association of Risk Professionals (Garp).
The Professional Risk Managers' International Association (PRMIA) has added a 25th chapter, in Shanghai, China. Hu Bingxing, senior risk manager with China Guotai Fund Management, is regional director of the new chapter.