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FSA to skip QIS4 to concentrate on QIS5

LONDON – The UK’s Financial Services Authority (FSA) will not be participating in a quantitative impact study four (QIS4), but will instead focus on providing information for a QIS5, according to a letter from the regulator to industry association…

Deutsche hires El Khoury

Jean El Khoury has joined Deutsche Bank as a director, US index trading, in the securities arm’s global markets division.

New home-host guide from CEBS

MONTE CARLO – The Committee of European Banking Supervisors (CEBS) is planning to publish a paper in July for a three-month consultation period that will ‘flesh out’ the home-host framework for the advanced measurement approach, according to senior CEBS…

Basel II NPR to be delayed

WASHINGTON, DC – US federal banking agencies may revisit the Basel II implementation timeline, after additional analysis of the quantitative impact study four (QIS4) results. The additional analysis will delay the release of the Basel II Notice of…

Barriers to entry

Accounting rules have long given bankers headaches. And IAS 39 compliance could even put banks looking to enter the structured products market at a competitive disadvantage. Patrick Fletcher examines how the rules are affecting the shape of the industry

A Five-Year Plan

In an ambitious project, HVB Americas is cutting trade exceptions, consolidating its data warehouse and automating a raft of manual processes.

Basel IIBetter for everyone?

On June 26, 2004, international banking supervisors agreed in Basel, Switzerland to a new framework that will alter the way many banks calculate their capital requirements. The new Basel Capital Accord is to be phased in during 2007 and is scheduled for…

Plugging the gaps

Italian banks have overhauled the risk management of their loan portfolios. But weaknesses still remain, particularly in the area of risk-adjusted pricing and credit risk transfer. Rachel Wolcott looks at what steps Italy’s banks are taking to fill the…

Size matters, finds Greenwich survey

The ability to execute large currency trades is one of the key components in winning new FX business from corporates and institutional clients, according to latest research from Greenwich Associates.

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