Central banks

Credit and credibility

Credit risk modellers have made giant strides, but they still have to convince regulators that they can make the world a safer place. By Matthew Crabbe

What’s next for the exchanges?

Derivatives exchanges are wrestling with consolidation, new products and technology. John Ferry asks Rudolf Ferscha, chief executive of Eurex, Hugh Freedberg, chief executive of Euronext.Liffe and Nickolas Neubauer, chairman of the CBOT, to peer into the…

RiskNews review

The leading stories from RiskNews. For breaking news on derivatives and risk management, see www.RiskNews.net

Coupon clamp-down on Italian retail products

The Banca d’Italia is considering a plan to cap coupon payments on structured investment products targeted at retail investors, according to market sources. Coupons would be limited to no more than double the one-year Euribor rate, which currently stands…

Potential for instability over-hyped, says Ferguson

The potential for the new risk management instruments and techniques to produce instability has been overestimated, Federal Reserve vice-chairman Roger Ferguson told delegates at a conference in New York, sponsored by the American Institute of Certified…

A question of priorities

Japan's banks are aware of the need to prepare for Basel II, but it is just one of a number of urgent issues that need to be resolved in the Japanese banking sector.

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…