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Basel Committee to publish new paper on group allocation issue
The Basel Committee on Banking Supervision will issue a paper outlining its approach to the group allocation issue shortly after the scheduled mid-January meetings of that group and (separately) the Capital Task Force.
Euronext.Liffe appoints non-executive director
Euronext.Liffe, the derivatives arm of Amsterdam-based pan-European exchange Euronext, has appointed Catherine Meyer to its board as a non-executive director.
NAB to lose up to A$180 million on unauthorised FX options trades
National Australia Bank (NAB) is set to lose up to A$180 million ($140 million) from unauthorised foreign exchange option trades, despite efforts to improve its operational risk management in the past couple of years.
SG appoints head of debt finance for the Americas
SG corporate and investment banking, a division of French bank Société Générale, has promoted Paolo Taddonio to the head of debt finance for the Americas.
Quant of the year - Michael Gordy, US Federal Reserve Bank
Credit risk specialist who is highly influential with academics and practitioners alike.
State Street’s Snyder named head of forex trade body
Mark Snyder, US bank State Street’s global head of currency and money market sales and trading, has been appointed chairman of the Foreign Exchange Committee, a trade body.
Charles-Henri Filippi set to head CCF
Charles-Henri Filippi is set to become the new chairman and chief executive of CCF, the French arm of UK-based bank HSBC, following the retirement of current boss Charles de Croisset at the end of February.
GFI delays new Asian services
New York-based inter-dealer broker and market data supplier, GFI, has delayed its plans to offer new local currency volatility services in the Asia-Pacific region, Risk’s sister publication Inside Market Data has learned.
Risk manager of the year - Richard Evans, Deutsche Bank
The head of group market risk's stress-testing approach has helped transform Deutsche Bank.
El Paso to cut debt by a third, while gas trader pleads guilty
US natural gas company El Paso – which has recently survived a bid toreplace its board and seen one of its tradersindicted – has unveiled aplan to significantly reduce its debt. By Joe Marsh
Sponsor's article > SunGard Enhances Basel II Offering with Acquisition of WhiteLight
SunGard Trading and Risk Systems, an operating group of SunGard (NYSE: SDS), and SymphonyRPM today announced that SunGard has acquired the WhiteLight Basel II solution and as a result, WhiteLight's SymphonyRPM development team.
Banks grab distressed UK assets
Six European banks intend to buy around 10GW of distressed UK power assets usingfinancial instruments. But their main rival, MMC, says hard cash is needed towin the UK market. By James Ockenden
Brokers look toshow their worth
Brokers are increasingly looking to provide energy price data. The choice may be wider, but are energy firms getting the credible data and analysis they need for intelligent price forecasts? Joe Marsh reports
Jean-Marc Bonnefous
Jean-Marc Bonnefous, BNP Paribas’ global head of commodity derivatives, says his unique division will keep it ahead of the game. By Paul Lyon
Protection treaty
Matthew Saunders , of law firm DLA, introduces the bilateral investment treaty which, though often overlooked, can be an effective method of affording legal protection for energy investments and minimising energy project risk
Sterling economy enables funds to ride the greenback
Retail may be weak, but the strength of the UK economy and currency have caused funds to play it against the dollar
Honeyguide proves profitable diversifier for global macros
Fund looks for long-term match of risk and reward in underlying managers
Speaking the right language
Is there a need for prime brokers and those serving hedge funds to have staff in continental Europe, as regulators make their markets increasingly friendly to hedge funds?
Lost in translation
EU transparency
Secondary growth
Leveraged loans
Laying down the law
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