Feature
The principles of the new Basel Accord
Economic capital
Linking asset classes
Commodity hybrids
The development of structured deposits
Chinese regulation
A new playing field
Chinese regulation
Timetable chaos
Basel II
Beyond Black-Litterman: views on non-normal markets
In normally distributed markets, the Black-Litterman technique allows managers to construct portfolios that account for their views on a set of expected returns. Attilio Meucci extends the Black-Litterman framework to generic market distributions and…
Deciding on a future
Information markets
A flexible friend
Structured products
A golden touch
Energy and commodity rankings 2006
Driving in the wrong gear
Hedge fund perspective
Sub-prime time
Mortgages
The spotlight swings
Private equity
Getting flattened
Cover Story
Buy the pool
Pension funds
Future frameworks
Isda update
Seeking an Accord
Economic capital
Compromising on Basel II
As US banking regulators debate how much of the spirit of Basel II should be applied to small and medium-sized financial institutions, the banks themselves are stuck in no-man's land. Will 'Basel 1A' bring more certainty or more argument? John Ferry…
Exchange Risk and Reputation
Lightning, it is said, will only strike twice in the same place if it is induced to do so. Strange forces, then, must inhabit the Ohtemachi First Square Building, whose residents have fallen victim to yet another bolt from the blue.
Icap confirms EBS approach; FX platform expects more than one bidder
Interdealer broker Icap has confirmed it is in “preliminary discussions” to acquire electronic forex heavyweight EBS, ending mounting speculation that the electronic forex dealing platform had been looking for a buyer since July 2004, when it appointed…
Shaping The Future
In lighter, sillier moments down the pub, when we were thinking about what to rename the magazine to help it better reflect the industry's evolution and its content, we went through some rather daft combinations.
The power of association
An increasing number of industry professionals are hankering after a trade body for structured products, but some think that such a move would simply result in more red tape. Meanwhile, Germany and Finland have set the wheels in motion with their own…
Software product of the year: Adaptiv, SunGard
If banks weren't aiming to manage their counterparty credit exposures and credit limits on a global basis before, Basel II gives them plenty of incentive to do that now. But it can be a huge task.
Forrester argues for consolidation
BRUSSELS & NEW YORK – In early December, Forrester Research, an independent research company based in Cambridge, Massachusetts, published a paper, Will the real risk and compliance vendor please step forward?
Bank risk manager of the year : Madelyn Antoncic, Lehman Brothers
Lehman Brothers had a hectic 2005, with net revenue for the year rising 38% to $3.3 billion. But it's not just the traders that were busy.