Operational risk
HSBC issued with cease-and-desist order for AML failures
HSBC's North American arm accused of deficiencies in compliance
FSA fines two mortgage brokers at Pace Financial £400,000
Two banned from working in financial services after submitting false and misleading information to secure mortgages
Dallas star Larry Hagman awarded $11.5 million payout
Actor claims Citigroup breached fiduciary duty
Hedge fund manager guilty of $7m insider-trading scheme
Joseph Contorinis used inside information about mergers and acquisitions to execute trades
Citigroup rejects discrimination claims as lawsuit launched
Bank accused of suffering from a 'boys’ club' mentality
Data management still presents issues for many banks says report
Middle office needs "a big stick" to ensure smooth data storage
Countrywide chief executive hit with record fine
Mozilo agrees $22.5 million settlement with SEC over charges of misleading investors
Malmgren tells IOR: Op risk managers should track geopolitical developments
Geopolitical developments feed into op risk
EU's Barnier: high-frequency trading needs extra regulation
EU puts high-frequency trading on the block
PwC partner: Basel's remuneration paper gives banks cause for concern
Firms worried by Basel Committee’s remuneration proposal
UK FSA outlines aims to promote good governance through SIF regime
UK FSA switches focus to ‘governance in action’
Changing Hats, November 2010
Changing Hats
Leonard joins DTCC as head of op risk
Depository Trust & Clearing Corporation appoints Andrew Leonard as managing director and head of operational risk
Fese's Inel: Mifid II must focus over-the-counter transaction reporting
Fese: Mifid II must focus on deals in over-the-counter markets
Asian growth may mask operational risk problems
The dangers of rapid growth
LGIM pushes for improved governance
Non-executive directors need to focus on incentives, risk management, culture and internal controls, says head of corporate governance
Sponsored forum: Evaluated pricing, operational frameworks, governance and technology tools
Stepping up to the plate
Cebs issues finalised guidelines on op risk in market activities
Cebs op risk guidance finally finds favour
Sponsored feature: Riding the innovation wave – managing the risk of financial crime
Riding the innovation wave – managing the risk of financial crime
HSBC issued with cease-and-desist order for AML failures
Bank's North American arm ordered to improve compliance systems; might still face financial penalty.
Andrew Sheen moves roles within the FSA
Sheen moves from op risk policy to the prudential risk department of the UK Financial Services Authority.
Kerviel sentence and fine 'laughable', says consultant
French rogue trader floored by decision for him to repay up to €4.9 billion
Anti-money laundering is a long-term fight, says software company
Banks must think strategically instead of tactically; committing to the long haul to fight financial crime