Rogue trading
FSA to have new market abuse powers
Daily news headlines
Genius or blunder?
As more details emerge on the rogue trading scandal that caused a EUR4.9 billion loss, Société Générale appears more a victim of risk management failures than of a genius of fraud. But is this case a one-off, or are other institutions similarly…
Rogue trade loses MF Global $141.5 million
Daily news headlines
Now it's op risk's turn to take centre stage
EDITOR'S LETTER
Rogue traders cost Calyon $358 million
Daily news headlines
NAB revises FX options losses to A$360 million
National Australia Bank (NAB) has revised its pre-tax losses arising from unauthorised foreign exchange options trading to A$360 million ($277.4 million), double last week's initial estimate.
Risk financing might solve doubts over op risk insurance
LONDON - Combining risk transfer with risk financing might be one way of resolving regulator doubts about the use of insurance to mitigate operational risk under the proposed Basel II accord.
LTCB Bonds Trading Probe
TECHNOLOGY & INTEGRATION
Mabon Rapped By NYSE Over Lax Controls
MANAGEMENT & OPERATIONS
Sal Oppenheim Reorganises After Detecting DM24M Options Loss
MANAGEMENT & OPERATIONS
Operational Risk Is The Key Issue, Not Derivatives, Says FOA Chief
MANAGEMENT & OPERATIONS