Infrastructure
Avoiding the next catastrophe
This piece is taken from Daniel J. Kramer's speech which was the keynote address at IMN and the International Herald Tribune's Symposium on high performance investing in Monte Carlo, Monaco.
RiskMetrics and S&P integrate credit products
New York-based risk management software and research firm RiskMetrics has teamed up with Standard & Poor's Risk Solutions, the credit risk arm of rating agency Standard & Poor’s (S&P), to integrate two of their credit risk products.
SuperDerivatives adds barrier options for FX
Online FX options pricing vendor SuperDerivatives has added European-style knock-out and knock-in options to its pricing system.
Fitch sets up risk management subsidiary
Rating agency Fitch has set up Fitch Risk Management(FRM) to provide analytical risk management tools and services to financial institutions, investors and regulatory bodies throughout the US and Europe.
Cessation of 30-year Treasury bonds raises dealer fears
The decision last week by the US Treasury to stop issuing 30-year bonds caused a significant amount of activity in the markets, as traders sought to adjust to the surprise news. Spreads in 30-year US dollar interest rate swaps widened by 12 basis points…
Equity to credit pricing
Default models
Crises and volatility
Stress testing
Behind the mirror
Barrier options
Banks still nervous about gross income as an op risk indicator
BASEL - Banks seem pleased with many aspects of the recent working paper on operational risk issued by global banking regulators, but are still nervous about some of the cross-border anomalies that could be thrown up by the use of gross income as a risk…
Basic shortcomings
The Basel regulators have missed their chances with their latest op risk paper, argues Jacques Pézier.
Insurers plan operational risk proposals for early November
LONDON - Leading insurance firms planned to have ready by early November their proposals for using operational risk insurance within the terms of the Basel II banking accord, insurance industry sources said as Operational Risk went to press.
Over-concentration of services risks raised by September 11 -- Depository Trust chief
WORLD TRADE CENTER AFTERMATH
Banks suffer from slowdown and September 11 effects
WORLD TRADE CENTER AFTERMATH
The Basle II capital accord: op risk proposals in brief
BASLE II UPDATE
Insurers plan operational risk proposals for early November
BASLE II UPDATE
Basic shortcomings
BASLE II UPDATE
Banks still nervous about gross income as an op risk indicator
FRONT PAGE NEWS
DTCC seeks to address post Sept 11op-risk concerns
The Depository Trust & Clearing Corporation (DTCC), the world’s largest clearing company, has seized the initiative to address the issue of systemic operational risk concerns raised in the aftermath of the US terrorist attacks of September 11.
Profits taken by the truly hedged
Jeff Benjamin looks at the repercussions of the recent terrorist attacks on the World Trade Center. He asks, how hard has the market been hit and how long is recovery likely to take?
CSFB closes precious metals business
Leading global investment bank Credit Suisse First Boston is to close its London, New York and Sydney precious metals market-making and structured derivatives, clearing and vaulting businesses.
AFT plans launch of new Eurozone inflation bonds
French debt agency, Agency France Trésor (AFT), plans to issue new inflation-linked bonds known as OATEURi that can be used for inflation hedging and portfolio diversification, according to AFT chief executive Sylvain de Forges, speaking at a conference…
Euronext uncorks wine futures
The combined Paris, Brussels and Amsterdam bourse, Euronext, has started trading its wine futures contract, Winefex, after its launch date was postponed due to the September 11 terrorists attacks in the US. The publicly quoted exchange said it is trading…
Irreconcilable differences
Model comparison