Feature
Why won’t banks grasp the op risk nettle?
OP RISK MANAGEMENT
Edotech launches recovery site in UK
DISASTER RECOVERY
UK’s FSA delays Basel II paper to mid-July
BASEL II UPDATE
Complaints against Hong Kong banks nearly double
OP RISK MANAGEMENT
Thomson launches Global Watchlist
TECHNOLOGY NEWS
Nomura and CSFB clash
LOSS DATABASE
FXall and FXpress plan STP link
TECHNOLOGY NEWS
Germany drops objections to Basel II after SME solution
BASEL II UPDATE
UK stockbrokers sign up for defaulters’ database
TECHNOLOGY NEWS
Banks must nourish sound risk culture, Spanish central bank chief urges
OP RISK MANAGEMENT
Isda seeks industry help to develop FpML
TECHNOLOGY NEWS
The Basel II capital accord: op risk proposals in brief
BASEL II UPDATE
Credit card capital charges will be lower under Basel II
BASEL II UPDATE
Regulators grow confident about Basel II calendar
FRONT PAGE NEWS
Fully operational
Modeling, measuring and hedging operational risk by Marcelo Cruz Wiley Finance 330 pages, £49.39 ISBN 0-471-51560-4
Basel regulators issuing QIS 3 spreadsheets soon
Global banking regulators said they would soon issue draft spreadsheets and an information package, including detailed instructions, on the crucial QIS 3 survey that in October will seek information on how banks would be affected by the proposed Basel II…
Q1 scapegoats: energy and weather
Risk’s second quarterly round-up of corporate risk disclosures provides some evidence that companies are becoming more forthcoming. But losses on hedgeable exposures, especially energy and weather, continued to plague many
Esops: time to hedge?
With share prices depressed, now seems a good time for companies with large employee stock option plans to hedge them. Why aren’t corporate treasurers acting?
Getting the deal done
Falling equity valuations have made funding a merger or acquisition with stock difficult. Equity derivatives dealers are devising and updating hedges to ensure deals get done despite the bear market. Rob Dwyer examines the latest techniques