Feature
Pricing debate bedevils employee option accounting
US corporates are lining up to advertise their virtue by being the latest to account for their employee stock options as an expense. But with no consensus on how to price these instruments, will it bring more clarity or confusion?
Looking for returns
Comment
A role reversal
Credit risk
Key Basel II package expected tomorrow
BASEL – Global banking regulators plan to issue a package of documents on the Basel II bank accord tomorrow, including a key survey seeking information on how the complex, risk-based accord might affect banks around the world.
Regulator urges UK banks to look hard at EU capital proposals
LONDON – UK banks should look hard at a draft text of European Union (EU) capital rules that the European Commission plans to issue around the end of October, the UK’s senior financial regulator said today.
Practitioner analysis: Reaping the advantages of Basel II
David Stone of Zions Bancorporation describes how the US bank plans to underpin its enterprise-wide risk management by implementing the Basel II accord’s advanced approaches to measuring operational risk.
Market manoeuvres
The Harmonic Grid shows marked differences between the S&P 500 and the Nasdaq 100
European debt market loses yet more leading players
Accounting fraud and financial scandals are draining investor confidence.
Oxley in talks with potential investors for Chess Capital
ex- watson wyatt consultant aims to launch by november
Shrinking asset swap market hits convertibles
Corporate scandals have had a negative impact on the convertible arbitrage sector
3A's ACE changes its Cayman listing to Luxembourg Sicav
Investors have choice of five strategies in 10 sub-funds
Thames River Capital unveils Japan and Turkey portfolios
rod birkett, martin taylor and volkan sari in manager roles
Aiming to keep risk to a bare minimum
The Bahamas-registered Hasenbichler GHS fund aims for lower volatility.
Managers shift to neutral as UK equities look attractive
Bias towards short positions has ended as valuations look more realistic