Retail financial services

Locked out of longevity

Despite regulatory scrutiny of life settlement products and concerns over the complexity of assessing longevity risk, the institutional structured product market in the asset class is growing exponentially. But will these products ever be suitable for…

Collateral replacement

At the height of the financial crisis, manufacturers were quick to mitigate mounting counterparty risk concerns by deploying products issued by collateralised special purpose vehicles. But now, as the yield junkies return and retail appetite for…

Nordic horizons

Markets in the Nordic region have been far from immune from the troubles that have hit structured products across Europe. But speakers and delegates at the Structured Products Nordic Region conference spoke of light on the horizon - despite the pressing…

Editor's letter

While you ponder yet another acronym for structured products - they are now Prips, or packaged retail investment products, according to the European Union - reflect upon the fact that there has been some kind of progress in the calamitous world of…

Despite concerns, banks act on Basel II

Jörg Behrens and Peter Davis of the Ernst & Young Global Financial Services Risk Management Practice, present the results of a global survey of financial services managers'opinions about the future of the Basel II process and its effects on their…

Gaining an edge from Basel

The recent recommendations of the Basel Committee are set to usher in a period of upheaval for many participants in the banking sector. Standard & Poor’s Anthony Albert looks at how to gain a competitive advantage in credit risk management in the light…