Commodities
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Cleaning up the system
Compliance
A storm over CMT
Constant maturity Treasuries
Boston-based AIR releases new catastrophe models for Asia-Pacific
AIR Worldwide Corporation, the Boston-based catastrophe modelling and weather risk management company, today released new typhoon and earthquake models for the Asia-Pacific region. The new typhoon models include Taiwan, Hong Kong and the Philippines,…
Sponsor's article > Redefining risk methodology horizons
Research has suggested that banks may need to address issues not clarified by Basel II and take a long, hard look at whether accepted approaches to evaluating credit risk are adequate. As part of its strategic forum series, SunGard's Panorama business…
Financial institutions ill equipped to deal with credit risk developments, says D’Silva
The changing attitudes to credit risk among banks amounts to a "cultural revolution", Adrian D'Silva, director of capital markets supervision for the Federal Reserve Bank of Chicago, told delegates at a credit risk management conference in Vienna today…
US domestic politics have dominated equities sector
Potential removal of double taxation paid on dividends gives hope to US investors.
Weather Board of Trade delays launch as problems mount
Atlanta-based Weather Board of Trade (WBOT), which was set for an October launch, will now only start trading exchange-based weather derivatives in February 2003. WBOT has also lost a number of its charter members, encountered problems with its fund…
Japan’s SMBC expects to issue synthetic CLO in early December
Japan’s Sumitomo Mitsui Banking Corporation (SMBC) is preparing to launch a synthetic balance-sheet collateralised loan obligation (CLO) referenced on ¥500 billion worth of loans extended to 1,500 Japanese small to medium-sized companies.
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.
Basel II op risk charge will help tackle concerns, says McDonough
NEW YORK - Banking supervisors believe that a separate capital charge for operational risk under the Basel II capital rules will bolster efforts to find better ways of addressing concern about the operational hazards faced by banks, the world's chief…
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…
Totem launches European power and gas valuation service
Totem Market Valuations, a UK-based provider of derivatives valuation services, has launched an over-the-counter European power and gas derivatives pricing service targeted at oil majors, merchant energy companies, banks and former state monopolies…
UK’s Centrica signs five-year, £40 million weather hedge
British Gas Trading, a subsidiary of UK energy company Centrica, has concluded a £40 million weather hedge with Bermuda-based XL Capital. The multi-year deal may prove the largest in Europe this year.
Spectron launches online weather trading
Energy market intermediary Spectron has launched an online platform for trading weather derivatives.
Sponsor's article > Credit derivatives: will the market keep expanding?
This article aims to give a brief overview of some of the main trends in the credit derivatives market and also proposes to analyse some of the underlying reasons why this market is experiencing such a boom.
Pinching the systems penny
Trading technology
Citi to outsource e-liquidity
Citigroup has launched a unique liquidity outsourcing platform for foreign exchange, a senior forex official at Citigroup in New York told RiskNews ' sister publication FX Week .
Fighting oil volatility
Oil cartel Opec froze its production output level at its last meeting in September. With war in Iraq on the cards, Shifa Rahman reports on the future of oil volatility
Reacting to spreads
Credit derivatives
A question of priorities
Basel Accord
Tracing Transparency
Corporate bond traders are hesitantly embracing greater transparency and trying to figure out how to use it.
Budgeting for 2003
Deutsche Bank, Merrill Lynch and State Street outline how next year's budget will be spent. For starters, it will be spent cautiously.