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Operational risk

Enterprise 2.0: the next generation

A growing number of banks are using Web 2.0 technologies within their risk management, trading and research operations. Clive Davidson looks at how blogs, wikis and podcasts are being applied by financial services companies

Plain English please

Complaints are reaching me about the way in which the US regulators have released the notice of proposed rulemaking (NPR). My sources point out that the advance notice of proposed rulemaking – released way back in those halcyon days of August 2003 – came…

Private highs

A consortium of institutional investors bought a 27% stake in HSH Nordbank in August, making it the first part-privatisation of a German Landesbank. Duncan Wood talks to Hartmut Strauss, responsible for risk and finance at HSH, about the changes

Promulgating pro-cyclicality

Collaboration between financial supervisors has never been higher. But as the regulation of banks and insurance companies becomes increasingly homogenised, fears are growing about the possibility that the new rules will increase the severity of a global…

A successor to VAR?

Regulators may be pressing banks to more rigorously stress test their portfolios, but when it comes to how hedge funds apply the technique, debate remains as to how and what they should be testing. John Ferry reports

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