People
Sibling rivalry
argentina
Tragedy or farce?
parmalat focus
BlackRock lands Treasury’s Fisher
people news
Axa
cover story
Risk appointments awaited
New Angles
A potential backlash
Wealth management
New regional directors named for PRMIA chapters
Karina Carerro has been named the new regional director for the Venezuelan chapter of the Professional Risk Managers’ International Association (PRMIA), while Krzysztof Jajuga will take up the same role at Wroclaw in Poland.
Misys recruits in Bangalore
Misys Risk Management Systems has recruited Vinutha Urs from DSL Software, a subsidiary of Deutsche Bank, to lead and expand its office in Bangalore, India.
SG ramps up financial institutions and hedge fund coverage
French investment bank SG has refined its coverage of financial institutions and hedge funds with two internal promotions.
JP Morgan Chase appoints new Asian structuring head
JP Morgan Chase has appointed Kim Hong as head of its Hong Kong-based investor clients group for Asia ex-Japan and the structured finance/ structuring and solutions group for Asia, including Japan.
Operational risk versus credit risk: Similarities and differences
Many attempts have been made to adapt credit risk models to quantify operational risk. In this article, Gerrit Jan van den Brink of Dresdner Bank and KPMG's Thomas Kaiser compare op risk and specific credit risk models in terms of input data, methodology…
Goldman hires new head of inflation flow business
David Lofthouse has taken up a position at Goldman Sachs as head of inflation flow business in London.
Derivatives both a help and a danger, says BoE deputy governor
Derivatives are both a help and a danger to global financial stability, according to the deputy governor of the Bank of England, Andrew Large.
Derivatives both a help and a danger, says BoE deputy governor
Derivatives are both a help and a danger to global financial stability, according to the deputy governor of the Bank of England, Andrew Large.
Risk Advisory Group hires new experts
The Risk Advisory Group (Trag), a UK-based business intelligence and investigations consultancy, has made senior appointments in its corporate investigations and security risk management divisions.
Nandapurkar defects to Eurex US from CME
Eurex US – a new futures exchange that is expected to gain regulatory approval from the Commodity Futures Trading Commission (CFTC) by the end of March – has appointed Satish Nandapurkar as its chief executive.
BNP Paribas recruits in metals trading team
French bank BNP Paribas has recruited Russ Plackett as a senior metals trader to work in its London office.
Risk Advisory Group hires new experts
The Risk Advisory Group (Trag), a UK-based business intelligence and investigations consultancy, has made senior appointments in its corporate investigations and security risk management divisions.
Parsley joins PNC
William Parsley - former head of the global books trading group and co-head of North American interest rates trading group at JP Morgan Chase – has joined the PNC Financial Services Group as treasurer and chief investment officer.
Book extract > Introduction to the Basel II Handbook: A Guide for Financial Practitioners
In June 1999, the Basel Committee on Banking Supervision made its long-anticipated announcement to introduce a new capital adequacyframework to replace the 1988 Accord. 1
Treasury increases budget to fight financial crime
The Bush Administration has proposed a 12.7% increase in its budgetary allocation to the Financial Crimes Enforcement Network (FinCEN) to strengthen the country’s financial war on terror and other financial crimes.
DrKW adds to credit derivatives team in Tokyo
Dresdner Kleinwort Wasserstein (DrKW) has hired TJ Cheng as a vice-president in its credit derivatives and securitisation team in Tokyo.
A window on transparency
Hedge funds will no doubt start 2004 where they left off in 2003 - as the investment vehicles of choice for private and institutional investors looking for the best opportunities for decent returns.