People
BNP Paribas appoints new head of credit
BNP Paribas has appointed Brian Lazell as head of credit markets for the Asia-Pacific region, excluding Japan. The post is based in Hong Kong, and Lazell will report to David Ovendon, global head of credit.
IRC increases drive for hedge fund disclosure
The Investor Risk Committee (IRC), part of the International Association of Financial Engineers (IAFE), has added three members to its steering group, in a move to increase its work on encouraging hedge fund disclosure and transparency.
BofA names global head of forex trading
Bank of America (BofA) has hired Larry Baum to manage its global spot, forwards and proprietary foreign exchange trading business. The post has been vacant since December, when Richard Breslow, former global head of forex trading, left after more than…
DrKW hires global equities director in Tokyo
Dresdner Kleinwort Wasserstein (DrKW) has hired Hiroyuki Uno as director and senior marketer of global equities in Tokyo. He will head a team of derivatives marketers that will primarily focus on marketing equity derivatives products to financial…
Two new board members for CBOE
Craig Messinger, executive vice president of Boston-based Fidelity Capital Markets, and Thomas Patrick, a managing director at Merrill Lynch, have been appointed to the board of directors of the Chicago Board Options Exchange (CBOE). They replace two…
Weather risk solutions
Germany
Opening up Germany’s gas market
Germany
Two hubs or one?
Germany
Controlling power
Germany
Clearing the way?
Germany
Growing quietly
Germany
Changes afoot at rating agencies
Basel II
Robeco’s synthetic age
Case study
Credit derivatives platforms turn to structured products
Electronic trading
Managing the exposure challenge
Credit risk reporting
Regulator hits back at Basel II critics
Much of the complexity for which the Basel II bank capital accord is criticised is the inevitable result of three highly desirable features of the pact - namely, risk sensitivity, wide applicability and the shifting of the task of risk measurement to…
Insurance companies - On the road to Basel III
UK regulators want to harmonise regulation of the financial services sector - and they have insurance companies in their sights.
Beyond STP: Staying Connected
Connections sometimes fail. Having a plan for monitoring message flow can be key to STP.
Asset managers run for cover
UK investment firms are facing increasing risk management pressures, thanks to new regulatory initiatives, legal challenges and a shift in operating environment. Coping will require a major investment in technology infrastructure – especially in the…
Changes afoot at rating agencies
Rating agencies are under fire once again, this time for failing to anticipate Enron’s bankruptcy. But they are looking to improve their methodology. What do the changes mean for banks that will have to rely on their ratings under Basel II?
Credit risk reporting: Managing the exposure challenge
Mass financial shocks – including Enron and Argentina – are forcing banks to disclose more information, faster, about their credit exposures to satisfy skittish investors. How are banks' technology infrastructures coping with this challenge?
New disclosure rule boosts pension risks
New UK accounting rule FRS 17 will force companies to disclose pensions liabilities on corporate balance sheets. The risk management issues are wide-ranging, and experts have few easy answers. Furthermore, the new rule could soon be adopted in a number…
Disclosure in the dock
Cover story
Under fire
Credit derivatives