Structured products
Disclosure in the dock
Cover story
Under fire
Credit derivatives
Moody's unveils default loss model
Credit tech
Predictive Merton
Technical
UK firms face increasing op risk
ASSET MANAGEMENT
AIB loss poses questions for the banking industry
FRONT PAGE NEWS
Basle regulators still hope for 2005 date as doubts increase
BASLE II UPDATE
On the road to Basle III
INSURANCE COMPANIES
Losses and lawsuits
LOSS DATABASE
Regulator hits back at Basle II critics
BASLE II UPDATE
Pushing the equities button
The increase in size, diversity and sophistication of the equity derivatives markets has spurred demand for more efficient technology. How are firms responding?
Books | The equities architect
Structured Equity Derivatives, the Definitive Guide to Exotic Options and Structured Notes by Harry Kat, John Wiley & Sons. 392 pages, $89.95. ISBN 0–461–48652–3
The risk breaker
To claw its way back from its problem-loan nadir in the late 1990s, Bank of America embraced risk-adjusted return metrics and credit risk distribution techniques. Amy Brinkley is overseeing its turnaround.
BNP Paribas begins issuing synthetic CDOs in Asia
French bank BNP Paribas plans to start issuing arbitrage synthetic collateralised debt obligations (CDOs) for the first time in Asia, ex-Japan, according to a Hong Kong-based official.