Feature
Basel II and the single-instrument bank
The risk architect
Reassessing self-assessment
Operational risk
Commerzbank achieves real-time credit risk management with Adaptiv Analytics
Corporate statement
How to choose a hedge fund manager
Investment strategies
Behind closed doors
The method used by rating agencies to determine rating actions has often been portrayed as a shadowy and secretive process. Nancy Stroker tries to shed some light on the matter.
AIB repays €26m for overcharging
Allied Irish Banks (AIB) said it is repaying €26 million ($32 million) it overcharged clients on three million FX deals, after a regulator slammed the bank in a report last week.
Collateralization: A safety net for investors?
The proliferation of credit derivatives has given rise to the widespread use of collateralization—posting collateral against the risk of default. But as Saskia Scholtes reports, this practice may be creating its own risks.
Collateralization: A safety net for investors?
The proliferation of credit derivatives has given rise to the widespread use of collateralization—posting collateral against the risk of default. But as Saskia Scholtes reports, this practice may be creating its own risks.
The Monte Carlo mindset
There is a rich seam to be mined in the provision of tools to calculate counterparty credit risk. Clive Davidson looks at what's on offer so far, and what could be coming on to the market.
Le Pan takes on group allocation
Nicholas Le Pan, head of the Basel Committee's Accord Implementation Group, must sort out the challenging home-host issue. The success of Basel II depends on it.
Boston Fed publishes new op risk paper
The Federal Reserve Bank of Boston published another ground-breaking paper on operational risk in mid-June.
EU CAD beta lowered – but only for some
UK and European op risk executives were shocked when a EU Commission official revealed that although the beta for the trading and sales business line would be lowered to 15% from 18% in the EU's Capital Adequacy Directive, this benefit would only be…
Dealers hit out at US structured product proposal
Financial institutions are increasingly concerned about a multilateral proposal by the primary US federal banking and securities agencies aimed at offering best-practice guidelines on their use of complex structured finance. They are fearful the…
Who Wants To Be a Compliance Officer?
High-profile scandals, hunting terrorist cash, and new regulations have made the role of compliance officer more demanding and less rewarding.
VAR: ready to explode?
The SEC plans to force US securities firms to tighten up their value-at-risk reporting. Its decision comes as VAR at the world’s leading financial services firms soared an average 25.8% last year. Who are the biggest risk-takers, and are risk managers…
A capital solution
Securitisation appears to offer clear regulatory capital benefits to owners of life insurance companies. Will other European banks follow Barclays' lead?
US Congressman calls for op risk redraft
A Congressman and members of the banking industry lambasted the operational risk capital charge in Basel II at a fresh set of hearings, The New Basel Accord: Private Sector Perspective, held in the House of Representatives' Financial Services Committee…
Only a Drill
On a clear day in May, financial firms simulated a worst-case scenario for an industry trying to prepare for the next 9/11.
The liquidity makers
Technology
Banking on energy
Technology
Weather patterns
Technology
Energising Houston
Tehnology
The standard is set
Technology