Accused rogue trader’s hidden profits were no secret, colleague says
CFTC's Chilton says a complete overhaul of Libor is needed - including distancing it from the BBA
Others on the ETF desk were aware that alleged UBS rogue trader was hiding profits in an "umbrella" account, court hears
This panel will discuss ways to allocate resources and minimize potential exposure with a set of analytical tools to assess, simulate and quantify operational risk capital to improve business efficiency and performance across the enterprise.
More News/Risk Management articles
UBS is “less risk-averse” in London than in the US, says Adoboli's former manager
Following losses because of a rogue algorithm, Knight Capital creates new roles
Pension and insurance firms complain CCPs treat them the same as hedge funds
Plains Exploration & Production will hedge up to 90% of its oil production for the next three years, the Houston-based company says as it reaches a deal to buy $6.1 billion of oil assets in the Gulf...
Rogue trades went undetected for almost three years, prosecution says
The trial of UBS rogue trader Kweku Adoboli started this morning – and the defence will claim UBS colleagues were complicit
Basel Committee's proposed new reports on daily liquidity needs would involve "thousands upon thousands" of data points, according to critics
Portigon – the entity that emerged from the break-up of WestLB – moves away from the AMA for op risk calculation after forced restructure
Market sentiment could eventually be used as an input for risk and trading models, helping to predict future events, says John Macdonald of IBM Algorithmics
Operational risk losses are disproportionately high at large banks, new survey finds
The cost of systematic tail-risk hedging strategies may be high, but market participants should be wary of trying to reduce the costs by adding discretionary positions, says Vix co-inventor
Tyrie calls for more action on tax schemes
Mis-selling in banks requires a cultural shift, chief executive says in response to FSA report
Ineffective use of economic capital frameworks 'could obscure true risk profile of firm'
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.