Lloyds Banking Group
SG launches six-year at-risk product based on FTSE 100
Societe Generale sets barrier at 60% in income product for UK retail
Cyber threat 'impossible to avoid'
Delegates hear that zero risk appetite to cyber can be costly
First stage of IRHP redress complete
FCA-ordered review finds 18,737 'non-sophisticated customers' sold hedges, most against the rules; payout could reach £2.67 billion
Risk management system of the year (vendor): Markit Group
Capital and funding efficiency is a new discipline for derivatives desks, and there is a shortage of comprehensive systems - so Lloyds Banking Group teamed up with Markit to build one
Benchmark survey and Lloyds/Bank of Scotland fine underline need for bonus scrutiny
£28 million penalty for poor incentives – but op risk still largely excluded from pay policies, survey finds
UK banks improving on sales incentives, says FCA's Wheatley
Three out of four major UK banks now link incentives to more than just sales, regulator says
Banks to pay £400m in fees to ombudsman over PPI complaints
£900 fee per PPI claim handled has seen banks rack up millions in charges
PRA losing key op risk staff after just six months
Senior op risk staff set to move into private sector
Data, delays and loss of focus: operational risks in M&A
When two become one
OpRisk Europe: Banks rewarding restrained risk taking, conference hears
Heads of operational risk say banks aligning remuneration to risk objectives
Changing hats – June 2013
Changing hats – June 2013
Lloyds names new conduct and compliance head
Elderfield moves from Irish central bank
People: JP Morgan creates regional CRO roles
Credit portfolio manager, Holderness, to be CRO for Europe; Lloyds lands Coutte to head rates; inflation market veteran Mirfendereski takes rates strategy role at HSBC; promotion for Miell at BGC Partners; Citi loses head of European OTC clearing
Banks hunt for asset-backed securities as liquidity swap market stagnates
Lloyds Bank one of a number sourcing assets from smaller institutions to meet demand from insurers
Concerns remain over contingent capital, legal experts warn
CoCo bonds continue to provoke concern, despite clear investor appetite
CLS squares up to member onboarding challenges
Having added Swedbank and Lloyds as settlement members in the past two years, CLS has committed itself to further expanding its membership and its currencies
Top 10 op risks: incentives and compensation
Top 10 op risks: Incentives and compensation
Near-record high in complaints in 2011, FSA data shows
Near-record high in complaints in 2011, FSA data shows
On the move
On the move
Standard Chartered case highlights reach of US rules, experts say
Accusations that UK bank hid Iranian transactions are latest example of US authorities exporting compliance obligations
UK banks face up to SME swap misselling claims
Sales of the unexpected
Standard Chartered case highlights reach of US rules, experts say
Accusations that UK bank hid Iranian transactions are latest example of US authorities exporting compliance obligations
Investec launches commission-free FTSE 100 plans
Commission-free kickout
Evolution of the liquidity exchange
Evolution of the liquidity exchange