Adventures in Wonderland
Bankrupt financial services group Refco has failed to sell its foreign exchange brokerage, and its securities broking arm has been ordered to pay $122 million compensation to a Russian customer.
This webinar on September 17th looks at the challenges of GRC, key trends, motives for improvement, future investments, and obstacles that banks and other financial institutions face in trying to improve and integrate their risk management strategy
More Refco group articles
Refco is preparing to sell off its futures brokerage to an investor group led by JC Flowers, as it files for bankruptcy protection.
The controversy surrounding Refco has not hindered operations at its futures commission merchant (FCM) subsidiary, according to derivatives exchanges.
Boston-based private equity group Thomas H Lee Partners (THL) will acquire a majority stake in Refco, a New York-based financial services firm involved in derivatives execution and clearing, as well...
Ten financial institutions in Singapore have signed up to SD-FX, the FX options pricing system of UK-based technology company SuperDerivatives.
Refco Capital Markets has selected JP Morgan Chase as its provider of continuous-linked settlement (CLS) services.
Two futures commission merchants, Carr Futures and Refco Group, will provide US-based customers with direct, electronic access to Sydney Futures Exchange (SFE) listed derivatives.
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.