People
Credit Lyonnais looks to boost Asian derivatives team
French bank Credit Lyonnais is planning to boost its Asian credit and interest rate derivatives teams in the coming months, as part of a drive to build the bank’s structured credit business, according to Frédéric Lainé, Hong Kong-based head of fixed…
CFTC reorganises to improve energy derivatives oversight
The Commodity Futures Trading Commission (CFTC) plans to restructure to allow more effective implementation of the Commodity Futures Modernization Act of 2000 that deregulated US futures and derivatives markets.
Bank of America appoints new rates head
Bank of America has promoted John Kapustiak to global head of interest rate derivatives trading. Chicago-based Kapustiak was previously head of US interest rate options and proprietary trading.
Risk financing might solve doubts over op risk insurance
LONDON - Combining risk transfer with risk financing might be one way of resolving regulator doubts about the use of insurance to mitigate operational risk under the proposed Basel II accord.
On a stronger footing
E-trading
Second-guessing the rating agencies
Debt capacity advice
Sophisticated minority
Nordic focus
Open practice
Profile
High yield but not high enough
People news
Clearing the decks
Cash management
Rising levels of interest
Interest rate derivatives
Losses and lawsuits
LOSS DATABASE
Reputational risk -- Andersen and Enron
LOSS DATABASE
Risk financing might solve doubts over op risk insurance
BASLE II UPDATE
The Risk 2002 commodity & energy derivatives rankings
Volatile energy markets, plummeting metals prices, September 11 and the implosion of Enron: 2001 was an eventful year for the commodity and energy derivatives markets. Kevin Foster and John Ferry introduce our annual rankings of dealers and brokers
Credit portfolio products proliferate
Large fixed-income investors want to take or shed sizeable diversified credit positions efficiently, without incurring lot cost or liquidity risk. Dealers are responding with a variety of new products. But which will succeed?
Awake at the wheel
While the markets worried that Dynegy could follow Enron into the abyss, Glenn Labhart’s risk management team helped to keep the trading firm out of trouble.
SG equity derivatives team unaffected by Asia restructuring
SG Securities Asia’s (SGSA), the Asian equities arm of French bank Société Générale, said plans to realign its operations in Asia – ex-Japan and Australia – will not affect its equity derivatives team, according to a spokesperson in Hong Kong. The bank…
Job moves
QUOTE OF THE MONTH: - “I can’t get rid of the stupid thing” Lev Borodovsky, co-founder of Garp, describing difficulties negotiating a transfer of ownership Source: RiskNews, January 16
Lighting the fuse
China