JP Morgan

Spike in equity volatility causes pain

A spike in equity volatility last month has caused anxiety among equity derivatives dealers, many of which were short volatility, and raised fears that a prolonged increase could generate hefty mark-to-market losses in equity derivatives trading books.

Risk information: science or art?

Industry experts gathered for a roundtable discussion in New York at the end of May to debate the ways firms acquire and use information about risks. Moderated by Ellen Davis

Voldstad on the birth of DPCs

Connie Voldstad was head of JP Morgan's first dedicated swaps desk, established Merrill Lynch's AAA-rated derivatives product company, and was one of the six-strong team charged with winding down Long-Term Capital Management. His latest project is a new…

JP Morgan adds manager to quantitative strategy

JP Morgan has launched a new synthetic quantitative strategy that gives investors exposure to the cyclicality and momentum in the commodity markets. However, in a twist to those structured products whose payouts are dependent on rules-based, quantitative…

Deutsche Bank wins corporate derivatives rankings

Deutsche Bank has won this year’s Risk corporate end-user rankings, achieving the most votes overall among participating corporate clients globally. Citi and Barclays Capital came second and third, at a time of record merger and acquisition (M&A)…

Deutsche Bank wins corporate derivatives rankings

Deutsche Bank has won this year’s Risk corporate end-user rankings, achieving the most votes overall among participating corporate clients globally. Citi and Barclays Capital came second and third, at a time of record merger and acquisition (M&A)…

Exchange-traded credit derivatives disappoint

The world’s first exchange-traded credit derivatives, which were listed by Frankfurt-based Eurex on March 27, have posted lacklustre trading volumes, with only one major dealer making markets in them.

Keeping pace with a changing industry

Welcome to the 'new look' OpRisk & Compliance magazine. As many of our long-time readers will know, OpRisk & Compliance has come a long way over the past few years – we are working hard to keep up with the rapid evolution of the disciplines of…

Resolving the confusion

Risk control self-assessments have become a Tower of Babel for the op risk discipline, with a variety of different approaches being taken. Ellen Davis reports

JP Morgan recommends changes to Basel II NPR

JP Morgan Chase has set out to US regulators what it considers to be the main operational concerns over the interagency notice of proposed rulemaking (NPR) to implement a new risk-based capital framework based on Basel II.

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