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A fixed approach

Fixed Income Securities, second edition, by Frank J Fabozzi John Wiley & Sons 464 pages, $79.95 ISBN 0-471-21830-8 ISBN 981-02-4283-7 (paperback)

The future for Basel II

With Basel II delayed yet again, will revisions to the capital Accord happen at all? David Rowe says Basel I is the best argument for persevering, but any revisions must address regulatory arbitrage problems and take greater account of the full range of…

Static data moves forward

Firms tackling high-speed and information-intensive tasks such as straight-through processing or risk management without accurate instrument and counterparty reference data may be taking enormous operational and credit risks. Clive Davidson reports on…

Job moves

QUOTE OF THE MONTH: - “The perception of government support may induce the counterparties of government-sponsored enterprises to apply less vigorously some of the risk controls that they apply to manage their over-the-counter derivatives exposures”…

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