Book contributions by Risk Staff
Portfolio Construction and Management
Edited by Brice Benaben and Julien Jarmoszko
Articles by Risk Staff
Basel II and pro-cyclicality
The main argument for making regulatory capital requirements more risk-sensitive is to improve allocational efficiency. But this may lead to intensified business cycles if regulators fail to take measures to prevent such an impact. In this first column…
The beta-blocker
Doug Dachille, chief operating officer at Zurich Capital Markets and formerly global head of proprietary trading at JP Morgan, believes the economic downturn has finally crystallised investor attention on beta. Christopher Jeffery reports
Banding together for SME credit risk analytics
Germany’s banking associations are taking a leading role in getting the country’s fragmented banking sector ready to comply with the Basel II capital Accord. Germany’s savings banks association, in particular, says it has internal ratings-based systems…
RiskNews review
October’s leading stories from RiskNews. Breaking news on derivatives and risk management, see RiskNews – www.RiskNews.net
Fuelling doubts
Violence and uncertainty in the Middle East have caused energy market volatility to soar, testing the mettle of even the most sophisticated corporate hedgers. Will it prove to be the last straw for the world’s ailing airlines? Navroz Patel reports
Job moves
QUOTE OF THE MONTH “I believe that of all large German banks Commerzbank has the best risk management system” Wolfgang Hartmann, chief risk officer at Commerzbank Source: Risk, November
Letter to the editor: a response to Cosandey and Wolf’s Avoiding pro-cyclicality
From Thomas Garside, managing director, finance and risk management, and Christian Pedersen, senior manager, Oliver, Wyman & Company, London
Microsoft seeks to reduce cost of STP
TECHNOLOGY
QIS 3: Banks can use internal pricing for standardised approach
BASEL II UPDATE
Europe allows wider role for op risk insurance in Cad 3
FRONT PAGE NEWS
Sun Microsystems develops business continuity system
DISASTER RECOVERY
IDC acquires Meridien Research
TECHNOLOGY
Vtesse offers SuperLAN service
DISASTER RECOVERY