Foreign exchange
US Senate rejects energy derivatives legislation
The US Senate yesterday voted down proposed legislation that sought to impose tighter controls over energy derivatives trading.
Ontario Teachers signs up to DSTi risk management system
Toronto-based Ontario Teachers Pension Plan (OTPP), the retirement fund for 247,000 Ontario-based teachers, has selected DST International’s (DSTi) HiRisk package as its new enterprise-wide risk management and analysis software.
The structure of credit risk: spread volatility and ratings transitions
Ratings-based models are widely used by firms making their own capital decisions and by policy-makers designing regulatory capital requirements. By ignoring fluctuations in spreads for given rating categories, the currentgeneration of ratings-based…
Acrossthe divide
Watson Wyatt
Countdown to Basel II
With Basel II set for implementation in three years' time, some banks in the Asia Pacific region are working hard to align their operational risk systems with the requirements outlined in the new Accord.
US merger brings uncertain future for BoA/ Fleet FX staff
Bank of America’s (BoA) $47 billion purchase of FleetBoston Financial should bolster its regional US coverage in foreign exchange. But an overlap in jobs is unavoidable with a bank the size of BoA, analysts told RiskNews ' sister publication FX Week ,…
Hong kong consultancy Risk Latte plans South Korean volatility index
Risk Latte, a Hong Kong business consultancy, plans to launch a volatility index for South Korea in the first half of 2004, according to RiskNews ' sister publication Inside Market Data .
Continuous-linked settlement - The Asian connection
Several Asian banks are already using continuous-linked settlement to reduce foreign exchange risk, but with more Asian currencies set to be added over the next year, the number of users looks set to rise further.
China - Meeting the competition
China's financial institutions have realised the need to apply best practice in managing risk, and have been implementing cutting-edge risk management systems. But there are challenges in obtaining reliable data, writes Clive Davidson.
The Latin quarter
Argentina
Going underground
Eurotunnel
Issuer of the month
News
Securitisation boost at S&P and HBOS
People news
It pays to be number one
League tables
On an equal footing
Credit analysts
Facing the music
EMI
Rhodia: a chemical hazard
Credit of the month
Fifa plays it safe
Football securitisation