Environment-Renewables
UK to set up information clearing house for disaster recovery
WORLD TRADE CENTER AFTERMATH
Round-up of recent publications
RECENT BOOKS
The vanilla explosion
Business in three- to five-year vanilla default swaps now accounts for around a third of the market’s total notional outstandings. With many dealers reporting twofold or more growth in volumes, the credit derivatives market is now in full stride.
The missing piece
Thailand
Basel shortcomings: Danger lurks on the rocky road to Basel II
The Basel Accord proposals to define operational risk contain many fatal flaws, says Jacques Pézier. He argues that it would be better to focus management time on managing key risks than on developing op risk databases and measurement procedures.
2002 the year ahead
Market overview
Utilities: Enron’s ripple effect
Cover story
Job moves
QUOTE OF THE MONTH: - “The FSA has successfully put the fear of God into senior managers” Simon Gleeson, a partner in the regulatory group at Allen & Overy in London, on the FSA’s new unlimited liability rules for risk management errors Source: RiskNews,…
Brokers allocate $4.6 million WTC disaster relief
The world’s seven leading interdealer brokers have determined which charity funds will receive the $4.6 million they raised as disaster relief for victims of the World Trade Center terrorist attacks on September 11.
Icap loses head of weather
Dan Tomlinson, head of weather derivatives at Icap, has left the London-based inter-dealer broker and joined WeatherXchange, a joint initiative between the UK’s Meteorological Office and Umbrella Brokers.
Japan's non-performing loans undermining economy
Tokyo could be in danger of losing its standing as a top financial centre, unless efforts are made to restructure the economy and cure Japanese banks' vast non-performing loans problem, warned Bank of Japan official Hiroshi Nakaso, speaking at Risk…
Adorning Asia’s markets
Interbank derivatives survey 2001
Basic shortcomings
The Basel regulators have missed their chances with their latest op risk paper, argues Jacques Pézier.
Basic shortcomings
BASLE II UPDATE
Preparing for the worst
Small and medium-sized banks in the US and Europe are bracing themselves for Basel II. Gallagher Polyn examines how these institutions plan to adapt to the new Accord.
The second annual Asia Risk Awards
Awards 2001
A credit conundrum
Credit risk
Banking on progress
Technology
Disaster recovery experts get firms up and running
WORLD TRADE CENTER AFTERMATH
We remember our colleagues and friends
WE REMEMBER OUR COLLEAGUES AND FRIENDS
Attacks on US demonstrate extremes of operational risk
FRONT PAGE NEWS
Rating agencies to keep an eye on the banking sector
The world’s three key rating agencies have released statements about the possible repercussions on the banking sector of last week’s tragic attacks in New York. Moody’s said it is not contemplating any immediate rating downgrades for European banks…