DBS Bank
DBS selects DerivaTech for FX trading
The Development Bank of Singapore (DBS) has announced a deal with DerivaTech, the Chicago-based provider of FX derivatives pricing solutions, as part of its strategy to update its FX derivatives pricing systems.
Asian banks fear unfair op risk capital charges
Operational risk has long been a challenge for Asia’s banks. But many smaller banks in the region fear that a capital charge against such hazards as fraud, computer systems failure and settlement foul-ups would penalise them unfairly if it took the form…