Risk magazine - February 2015
Articles in this issue
Q&A: Stefan Ingves, Basel Committee, on Europe, the NSFR and capital floors
Governor of Swedish central bank discusses the quest for Basel III consistency
CCPs confront the difficult maths of default management
The next time a big dealer defaults, it will hit a host of swap clearing houses simultaneously
Grim repo: clearing touted as saviour for shrinking market
CCPs wary of risks as they vie to launch buy-side repo services
Basel rates split heralds soft landing, banks hope
First consultation paper on banking book interest rate exposure is expected in March
Hit the floor: banks fear Basel curbs for capital models
Regulators argue a backstop is needed to avoid too-low modelled numbers
Leverage ratio threat to Eurodollar liquidity
Cost of benchmark contract will rise and liquidity will fall, clearers warn
Cutting edge introduction: FVA out of balance
Some quants are arguing FVA should not be part of earnings
Wells Fargo: clear ambition
Low leverage gives clearing newcomer a chance to expand
The invisible incentives of clearing
Leverage ratio is making life difficult for clearing's gatekeepers
People: Deutsche shakes up European rates team
Richard Jackson departs; Sam Wisnia to head European rates trading
An idea whose time has come?
Discussions about whether to break up Sifis have hit the mainstream
