Feature
Manager profile: Peter Matthews, founder and managing partner of PJM Capital
Making a mint from science
On debt row
ALM
Fit to size
The one-size-fits-all approach of Solvency II's standard formula has left insurers with a dilemma. Should they use a standard model that is not appropriate to their business strategy, or opt for an internal model that is expensive and time-consuming for…
By the book
Russia's five-year old third pillar pension system started to expand just as the financial crisis swept across the globe - and a deadly combination of high inflation and low government bond yields leaves the sector facing a risk management conundrum…
Quantitative easing: A licence to print money?
The Bank of England's quantitative easing programme has been widely credited with helping stave off economic depression in the UK – for the time being at least. But what impact has it had on the outlook for inflation?
CDPCs: Closed for business
Credit derivatives product companies, the specialised financial insurers who sold protection to structured credit counterparties, have seen the bottom fall out of their market with the demise of the structured products asset class. Some CDPCs, like…
A combined effort
Rather than running the business process and operational risk management frameworks in tandem, why not combine them and use one structure to comply with many rules? By Dennis Dickstein
Axis of AML
Countries in the Middle East and Asia have a history of battling against money laundering and terrorist funding. Now the financial crisis has brought it home to regulators and banks that more needs to be done to stem the rising tide of money laundering,…
Be prepared
Nobody likes change. And it is difficult at the moment to predict where the US is heading next on the regulatory front. But having an enterprise risk management system in place will help banks face the coming market and regulatory challenges. Victoria…
Best-laid plans
Financial regulation around the world looks set for the biggest overhaul in recent history. But those implementing change face a number of obstacles, some of which might prove insurmountable. Duncan Wood looks at the challenges ahead and speculates on…
Problem banks rise to highest level since 1994
The list of problem banks maintained by the Federal Deposit Insurance Commission (FDIC) has soared to 416, the highest level since 1994.
Could energy follow finance into meltdown?
Energy companies aspiring to gain Tier I status have long emulated the banking model, in which trading is the repository for pricing and the management of market risk. In light of what has happened to many banks, should energy companies be adopting this…
Dry bulk market's revival
The dry bulk freight market is showing increasing volatility after slumping earlier in the year. Peter Norfolk of SSY looks at the reasons why
Steering out of turbulence
In recent months, Germany's national carrier Lufthansa has faced one of the most challenging operating environments in its history. Its fuel hedging team has played an important role in navigating the firm through turbulent markets, finds Roderick Bruce
Green skies ahead?
Biofuels could become part of the jet-fuel blend in as little as two years and ready for large-scale use by 2015, say experts. Katie Holliday talks to airlines, biofuels experts and carbon traders about the implications for the jet fuel market.
Flying into a storm
Extreme volatility in oil markets has caused hundreds of millions of dollars in losses on airline fuel hedges. At the same time, burgeoning margin calls have forced some to get creative with collateral agreements. How is the airline industry adapting? By…
Green shoots
Will the US Department of Energy's stimulus funding provide the financing required by the renewable energy sector?
Umbrella coverage
Pauline McCallion investigates the budding opportunities for managing weather risk in the renewable energy sector.
US and UK regulators unite to address energy futures
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