Banks say threat from rogue algos outstrips that of human traders
EIB model head explains a four-step process for putting risk at the centre of governance efforts
Former rogue trader says new UK rules could "change the way people look at risk"
Lack of commonality in rogue traders adds to the risk banks face from within
HR departments are key in preventing internal fraud - and in dealing with the consequences, Nick Kochan finds
ETF providers have dismissed claims losses allegedly caused by an ETF trader demonstrate the instruments are risky
The revelation of rogue trading at UBS follows a period of market volatility. That is nothing new, say risk managers
Nick Leeson, the former options trader who caused the collapse of Barings Bank in 1995, believes there is a "99% correlation" between the events at Allied Irish Bank, National Australia Bank and even Shell, and those at Barings.
BASEL - Bankers gave a cautious welcome to the further thinking of global banking regulators on their controversial plans to make internationally active banks set aside capital against op risk under the Basel II banking accord.
The year-long delay to the coming into effect of the Basel II banking accord means global banking regulators can study a broad range of advanced approaches to calculating an operational risk capital charge.