People
Lessons learned
Operational Risk
Under scrutiny
Equity Derivatives
Banks get stressed
Stress Testing
A dynastic alliance
Profile: Lou Scotto
Life's perilous journey
Guaranteed variable annuity products generate huge profits for US life insurers, but have left firms massively exposed to exotic equity risk. Some companies are now laying off risk via long-dated, highly structured hedges. Not everyone is convinced this…
Shakeup for BNP Paribas' London equity team
BNP Paribas has reorganised its London equity department as part of an effort it says is to increase the department's size and revenues.
SG names new research chief
SG has named Benoit Hubaud head of foreign exchange and interest rate strategy research, in addition to his previous responsibility as head of credit research.
Labour of love
Emerging markets have been a recurring theme in Charles Dallara's career. Now, as managing director of the Institute of International Finance, one of his key focuses is to strengthen crisis prevention in emerging market economies. By Alexander Campbell
RBS names new head of Asian futures
Royal Bank of Scotland (RBS) has named Chin Leng Woon as its new head of futures for Asia at its Singapore office.
Santander appoints new quants head
Banco Santander Central Hispano has hired François Friggit as head of quants, for interest rates and hybrid products at the bank’s headquarters in Madrid.
A different view on Basel II
Spain's banks are wary of jumping headlong into every aspect of the new capital Accord. But its fears appear justified, considering the country's risk profile. By Duncan Wood
Ferguson quits the Fed
Roger Ferguson, the vice-chairman of the Federal Reserve, resigned today after two years in the post.
Timetable chaos
US regulators' decision to delay Basel II by one year has frustrated international banks, causing some to reassess their global implementation plans. With the US regulators yet to release national implementation guidelines, bankers and supervisors are…
Five brokers promoted at Tullett Prebon
Tullett Prebon has promoted four rates brokers and an energy broker in its London office.
The spotlight swings
The hedge fund industry has come under severe pressure for increased disclosure, with new SEC rules on the registration of hedge fund advisers to be implemented this month. Now, the private equity market is starting to attract the interest of supervisors…
Hong Kong’s SFC to strengthen enforcement
Hong Kong’s Securities and Futures Commission (SFC), the securities industry watchdog, will continue to place emphasis on enforcement and investor education in the coming year, said SFC chairman Martin Wheatley.