Tom Osborn is the desk editor of Risk.net’s risk management coverage. Prior to joining Risk, he reported on the futures and foreign exchange industries for Dow Jones' Financial News and the Euromoney group of publications.
Tom holds a bachelor’s degree in English literature from the University of Warwick, UK.
No explicit ban in parliamentary text; banks say method could spark exodus from stricken CCPs
Clearers welcome move to free up excess cash margin and remedy ‘double-dipping’ complaints
Bank trying to mitigate impact of draft Federal Reserve rule change on clearing business – others are said to be doing the same
Senior Managers Regime is helping BoE identify cultural weaknesses at individual firms, says governor
Machine learning being used to build challenger models for model validation
Changes to allow over-collateralisation by buy-side clearers should ease FCMs’ funding burden
Whether in banking or energy, most cyber breaches start with human error
Ex-Barclays and Lehman banker Ray Kahn joins exchange group to focus on interest rate derivatives business
Seesawing markets prompt speculation of big losses for structured product issuers
Excess euro and yen cash deposits expected to generate 20–40bp charge
FirstRand, Barclays Africa and Standard Bank eye direct LCH membership
Prosecution cites Risk article that first described practice of inflating client valuations