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Central banks

RBC unveils new forex structure

Royal Bank of Canada (RBC) has confirmed a new senior management structure in foreign exchange following the departure of global foreign exchange head David Gibbins, reports Risk’s sister publication, FX Week .

All change on the BIS op risk team

Three well-known regulatory figures will be changing places over the course of February as various secondment arrangements between the Bank for International Settlements (BIS), the Bank of England (BofE) and the Federal Reserve in the US come to an end.

Sponsor's article > Accounting for revenue uncertainty

The past 20 years have seen an increasing focus on mark-to-market accounting when determining corporate profits. This has been accompanied by a dramatic growth in contracts where multiple complex contingencies interact to affect valuation. David Rowe…

Parmalat focus: Tragedy or farce?

Corporate Europe has been gripped by a scandal that has led to the downfall of one of Italy's largest and most established companies – dairy producer Parmalat. Bondholders don't know whether to laugh or cry at the size of the fraud.

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