People
Fidelity takes its pick
People news
Advancing op risk management using Japanese banking experience
TECHNICAL FOCUS
Securities trading could be money laundering tool
MONEY LAUNDERING
Heavyweights tackle rising unnamed counterparty risk
THE BACK OFFICE
Rusnak lessons still unheeded
THE BACK OFFICE
The six hats of operational risk management
IMPLEMENTATION COMMENT
Profile: SEB strives for total operational risk acceptance
FRONT PAGE NEWS
European demand for op risk talent set to surge in 2003
IMPLEMENTATION OUTLOOK
Mercer snaps up Oliver, Wyman
New angles
Technology briefs
Systems
Gold hedging loses its lustre
Cover story
Modelling the unthinkable
Insurance special – Terrorism insurance
RiskNews review
RiskNews review
Tailoring internal models
Insurance special – Risk models
Washington Mutual hires Amex CRO
Washington Mutual, the Seattle-based retail bank, has hired Steve Lobo as the company's senior vice-president and treasurer. Lobo, previously the risk watchdog at American Express, will be responsible for enterprise-wide treasury management functions,…
CLS settles a trillion a day
NEW YORK — Continuous Linked Settlement, the new settlement service for foreign exchange, settled a record $1 trillion in FX payments on February 18.
Trichet still best bet for ECB job
Jean-Claude Trichet's trial is not an insurmountable obstacle to his accession to ECB presidency. But while the outcome is uncertain, French officials must come up with a back-up candidate, says Stephen Sandelius, Paris correspondent for Market News…
US options broker lures Feinberg from CIBC
New York-headquartered Israel A Englander, the largest options broker in the US, has hired Peter Feinberg as executive vice-president.
Mercer snaps up Oliver Wyman
Mercer, a consulting division of New York-listed Marsh & McLennan, has bought specialist risk management and financial service practice consultants Oliver Wyman & Company for an undisclosed sum.
Board of Trade Clearing Corporation elects three board members
The Board of Trade Clearing Corporation (BOTCC), based in Delaware, has re-elected two members and elected a new member to its board of governors.
Mercer snaps up Oliver Wyman
Mercer, a consulting division of New York-listed Marsh & McLennan, has bought specialist risk management and financial service practice consultants Oliver Wyman & Company for an undisclosed sum.
Merrill hires forex derivatives marketer
Jim Crimmins will join Merrill Lynch in New York early in March as a senior foreign exchange and interest rates derivatives marketer. This is a new position, which will "add strength" to the team, said a spokesperson at the bank in New York.