Infrastructure
Global hedge funds return
Hedge funds
Compressing Asian spreads
CDS market
Trema survey highlights poor operational risk controls
Trema, the Sophia Antipolis-based provider of asset management technology, has released the results of its Asset Management STP Survey conducted between June and August this year.
LCH wins LSE clearing contract
The London Stock Exchange (LSE) has signed a new clearing services agreement with the London Clearing House (LCH), bringing to an end a period of intense competition with Eurex for the contract.
The ultimate stress-test: modelling the next liquidity crisis
What would happen if one of the world's largest investment banks pulled out of derivatives? Risk managers at Deutsche Bank and JP Morgan Chase are already building this scenario into their stress-tests, and regulators want other banks to do the same.
Op Risk database reveals fraud costs
Fraud is a far greater operational risk than banks have been prepared to admit, according to data compiled by Aon, the insurance company.
Despite concerns, banks act on Basel II
Jörg Behrens and Peter Davis of the Ernst & Young Global Financial Services Risk Management Practice, present the results of a global survey of financial services managers'opinions about the future of the Basel II process and its effects on their…
Clemmons quits XL Weather; resigns WRMA presidency
Lynda Clemmons, president and chief operating officer of Connecticut-based XL Weather & Energy, has left the weather risk and energy trading company. XL officials said Clemmons did not renew her employment contract and that they do not know her future…
A-IRB is overly prescriptive, say US banks
Several US banks would like to see a full internal models-based approach to regulatory capital. According to their response to the Advance Notice of Proposed Rulemaking (ANPR) on the implementation of the new Basel Capital Accord, the banks said the…
Fed's Ferguson defends US position on Basel
The US approach to regulatory capital is "perfectly consistent" with the spirit of the new risk management proposals from the Basel Committee, said Roger Ferguson, vice-chairman of the board of governors of the US Federal Reserve System, this week.
Fed's Ferguson defends US position on Basel
The US approach to regulatory capital is "perfectly consistent" with the spirit of the new risk management proposals from the Basel Committee, said Roger Ferguson, vice-chairman of the board of governors of the US Federal Reserve System, this week.
Danske Bank New York Cuts the Errors
Looking to avoid the exceptions that occurred with manual ticket processing, DBNY adopted Misys Meridian.
Open Platform - Prepare for Even More Scrutiny
As the Attorney General, the SEC and other regulators join forces to oversee the bond market, we may need to police ourselves.
Strong global OTC growth continues
A surge in interest rate swaps drove a global increase in the over-the-counter derivatives market of 20% over the first half of this year, according to figures released today by the Bank for International Settlements (BIS).
SEC produces maverick Basel II framework, redefines op risk
Throughout the Basel Accord revision process, US regulators have had a reputation for going their own way on key issues, and the Securities and Exchange Commission (SEC) is no exception.
Technology news
Oil
