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Compromising on Basel II

As US banking regulators debate how much of the spirit of Basel II should be applied to small and medium-sized financial institutions, the banks themselves are stuck in no-man's land. Will 'Basel 1A' bring more certainty or more argument? John Ferry…

Exchange Risk and Reputation

Lightning, it is said, will only strike twice in the same place if it is induced to do so. Strange forces, then, must inhabit the Ohtemachi First Square Building, whose residents have fallen victim to yet another bolt from the blue.

Corrie and Kyriakos-Saad latest to quit JP Morgan

John Corrie and Fawzi Kyriakos-Saad, who currently head equity and credit respectively at JP Morgan in London, have joined the mass exodus of investment banking staff that have left the bank in the past 12 months.

Questioning the numbers

Model risk has become a key focus for financial institutions. But how do dealers ensure their models are implemented correctly and that they accurately reflect the risks an institution is running? By Laurence Neville

The power of association

An increasing number of industry professionals are hankering after a trade body for structured products, but some think that such a move would simply result in more red tape. Meanwhile, Germany and Finland have set the wheels in motion with their own…

BarCap adds industry name to plastics business

Barclays Capital has bolstered its plastics business with the appointment of David Paul as director of commodity sales in London. Paul joins from the New York based brokerage firm Refco, where he was global head of plastics futures trading.

Raising the standard

The German insurance industry is actively pushing forward the discussion on the standard model within the scope of Solvency II

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