Opinion
Memo to bank CEOs: treat op risk with more respect
High-profile critics of op risk capital rules are misguided, say Ariane Chapelle and Evan Sekeris
Welcome to the new Isda – more ambitious than the old one
Swaps body announces aim to expand its role from legal contracts to data and process at annual gathering
Isda AGM, the ESAs and euro clearing
The week on Risk.net, May 5–11 2017
Trump’s Basel stance is key for Asian banks
Donald Trump may have strengthened ties with the region, but the true impact of his administration on Asia remains to be seen
CVA, fraud and settlement risk
April 28–May 4, 2017
How Europe can fix the Basel IRRBB standards
Building an outlier test for interest income would be better than the standardised EVE approach
European banks tire of CVA guessing game
Continued political wrangling over Europe’s CVA exemption increases uncertainty for dealers
Time to talk about settlement risk
Quants are proposing netting or the use of CLS Bank to remove Herstatt risk in margined trades
Is wholesale banking disruption-proof?
Fintech threatens market-making, research and wealth management, writes eCo Financial Technology CEO
Robo-traders and robo-labour
Banks and buy-siders are starting to harvest the benefits of machine learning beyond the front office
Why multi-asset managers shouldn’t count on the past
Risk models are backward-looking but history won’t repeat itself
The Volcker rule, CCP resolution and systemic risk measures
April 21–27, 2017
Monthly swaps data review: ETD vs OTC margin totals
New disclosures from big CCPs show listed market consumes more margin than cleared swaps
Monthly credit data review: gloomier than spreads suggest
David Carruthers of Credit Benchmark looks at banks’ credit risk data
US shale fluffing its feathers in mating dance with banks
Cash-addicted producers are making greater use of hedging to attract loans
What to do about Libor?
Darrell Duffie explains why transition from Ibor-based benchmarks is necessary and feasible
Volcker, FRTB and dual netting sets
The week on Risk.net, April 14–20 2017
P2P lending, blockchain risks and rate stress tests
April 7-13 2017
Who wants to be a forecaster?
Forecasting gas storage levels is an ugly, thankless – but essential – task
Bank scandals suggest cultural problems are industry-wide
Libor-rigging and similar misconduct across multiple firms may be the result of 'macro-cultures'
Nickel-and-Dimon: why bank CEOs loathe op risk capital
JP Morgan’s Jamie Dimon and ex-StanChart CEO Peter Sands are no fans of the RWA approach
Mortgage and auto loan securitisations inflict op risk losses
Megan van Ooyen from SAS rounds up the top five operational risk losses for March 2017
FRTB, machine learning and swap transparency
The week in Risk.net, March 31–April 6, 2017
New execution algos show complexity is not to be feared
Quants develop method to include both market impact and limit orders in optimal trade execution