Risk.net
Latest on Risk management
ABA scenario analysis project could aid CCAR comparability
Scheme to agree on common risk drivers could help Fed benchmark risk exposures, says JP op risk expert
Deutsche’s stress-testing models are surprisingly accurate
DB USA's projections precisely matched the Fed’s estimates for the second year in a row
Capitalab completes first compression run with SGX
Compression efficiency in SGX Nikkei 225 options could be as high as 50%, Capitalab says
Latest
Quotes
More mid-size banks, with greater risk for each of these banks, does not seem safer to me
Stanford University's Darrell Duffie offers his thoughts on the Fed's tailoring rule
There is a temptation for the regulators to try to regulate conduct – and I think that’s wrong; that’s not the right way to go. When you regulate conduct risk, it becomes a box-ticking exercise
John Lee, chief executive of Maybank Singapore, calls for better regulation of conduct risk from Apac watchdogs, not more regulation
It is amazing how many people have arguments on chat – between sales and trading over who is responsible for a loss, for example, if they have to report it, say, within 24 hours. We can just look at the chat and flag it to operational risk
Andrew Brodie, global head of front office conduct surveillance at BNP Paribas, listing some eavesdropped chats at OpRisk Europe
Editor's Choice
Born again: Citi’s forex prime brokerage
After a $180 million gut-punch, the apex brokerage is now evangelising to amused rivals about the perils of mispricing
Big Figure
Still going rogue
Despite slipping a place on Risk.net’s 2019 list, theft and fraud is still many operational risk manager’s worst nightmare. The idea of a massive heist by enterprising hackers, mercenary employees or plain old bank robbers, possibly followed by fines and penalties, keeps the category near the top of the op risk survey year after year.
Read the full article
Comment
Operational resilience means learning from failure
Don’t fear the clearer
Our Take
Can bankers stop the trading book killer?
Whose leverage ratio is it anyway?