Central banks
Fannie and Freddie – a look under the lid
Fannie Mae and Freddie Mac are two of the largest and most sophisticated participants in the US interest rate derivatives market. But criticism of their risk management has been growing. Is the market safe?
BIS reports global slowdown in derivatives markets
Derivatives market expansion slowed significantly for the period 1998-2001 relative to the three years before, reported the Bank for International Settlements (BIS) today.
Counting the cost
Bank disintermediation
Turkish crossover
Turkey
OCC says derivatives revenues, notionals down
US commercial banks’ revenues from derivatives fell by $805 million, to $2.65 billion, from the third to the fourth quarters of 2001, according to figures released yesterday by the Office of the Comptroller of the Currency (OCC).
BNL plans weather desk for Italy
Rome-based Banca Nazionale del Lavoro (BNL) is planning to set up a weather derivatives desk, which could add to the recent thrust of new players in the weather risk market. BNL hopes to establish the desk, specifically for the Italian market, by the…
IKB chooses Trema’s Finance KIT
Trema, a Stockholm-based financial services IT vendor and management consultancy whose clients include the European Central Bank, Deutsche Bundesbank and the Czech Republic’s ING Investment Management today announced that IKB Deutsche Industriebank had…
Weather risk solutions
Germany
At the heart of Europe
Germany
Clearing the way?
Germany
Regulator hits back at Basel II critics
Much of the complexity for which the Basel II bank capital accord is criticised is the inevitable result of three highly desirable features of the pact - namely, risk sensitivity, wide applicability and the shifting of the task of risk measurement to…
Regulators concentrate on key op risk issues for QIS3
Global banking regulators working on the operational risk aspects of the controversial Basle II banking accord are concentrating their efforts on some key issues as they prepare their part of the so-called QIS3 survey.
Disclosure in the dock
Cover story
The Basle II capital accord: op risk proposals in brief
BASLE II UPDATE
Regulators concentrate on key op risk issues for QIS3
FRONT PAGE NEWS
Regulator hits back at Basle II critics
BASLE II UPDATE
Pushing the equities button
The increase in size, diversity and sophistication of the equity derivatives markets has spurred demand for more efficient technology. How are firms responding?
Solving the pensions puzzle
A host of market and structural problems are plaguing US corporate pension plans. Derivatives dealers are pitching a number of potential solutions.
UK to set up 'information clearing house' for disaster recovery
The Bank of England plans to launch a prototype ‘information clearing house’ on disaster recovery for financial firms in the near future, a senior official of the UK’s central bank said.
Dealing with the flak
With the final Basel Accord proposals due to be published later this year, the Bank of International Settlements’ new Asian head, Shinichi Yoshikuni, does not have much time to settle into his new role, writes Nick Sawyer.