Risk magazine
Passage of Dodd-Frank Act heralds start of rule-making process
Financial reform legislation passes in the US Senate, as focus turns to the complex issue of implementation
Cesr pushes electronic confirms for OTC market
European securities regulator suggests electronic confirmation could be mandatory
CBOE developing tail event index
A new index based on skew will be unveiled once testing is completed
FOMC faces tricky task in avoiding another bubble
FOMC officials’ pessimism about conditions highlights challenge central bank faces in fulfilling its dual mandate
Hedge fund trading volume rises as algorithms become more popular
Hedge fund trading activity in US equities is growing in contrast to trades carried out by proprietary trading desks, new research has shown.
Enforce clearing, catapult FX into the big league, say FX Week USA panellists
Foreign exchange is held back from fulfilling its potential as an asset class because of counterparty risk issues, said panellists.
Goldman's $550m payment is latest in a line of settlements
Goldman pays $550 million to settle charges of misleading customers on Abacus CDO
Carlos Tavares replaces Eddy Wymeersch as chair of Cesr
Spanish regulator to succeed Eddy Wymeersch in August, but might only serve until January, when Cesr becomes Esma.
Basel Committee counter-cyclical proposals tie buffers to economic indicators
Committee publishes paper on counter-cyclical capital and defers recommendations on Basel III to oversight board meeting on July 26
Quant Congress USA: Ban DVA, counterparty risk quant says
Banks should not book paper profits as their own debt quality worsens, the Risk conference heard yesterday
Quant Congress USA: Asset class diversification outmoded, says Pimco MD
New regime needs macro diversification, says Vineer Bhansali
Quant Congress USA: UK and Netherlands least risky European debt
Relatively healthy private sector means UK and Netherlands least likely to default
Quant Congress USA: "Only models were reliable during crisis," says AQR CRO
Quants push back against criticism of models at Risk's Quant Congress USA event in New York
Pension funds face huge bill from UK indexing change, analysts warn
Using CPI instead of RPI was intended to save money - but could end up costing UK pension funds billions
Deutsche names new North American global markets head
Jeffrey Mayer joins the bank from UBS
UK FSA reorganisation happening quickly, says head of risk
The break-up of the UK Financial Services Authority is beginning to take shape, says the regulator's head of risk management
Basel Committee convenes for crunch mid-year meeting
QIS results, industry feedback, recalibration and transition top the agenda of quarterly committee meeting.
Quant Congress USA: Economist praises dynamic provisioning
Barclays Capital senior economist praises dynamic provisioning approach to loan losses
Quant Congress USA: 'High risk of mis-calibration' in Basel III
Tight timetable for Basel III, politicisation and new liquidity ratios criticised by CRO
Heightened event risk as ECB excess liquidity shrinks
Dealers eagerly watch European Central Bank tenders as new maintenance period is set to begin
Eurozone debt fears waning, agencies say
Rising bond prices and falling CDS volumes mean eurozone sovereign debt is past the worst
BarCap hires Schwartz as Americas risk solutions co-head
Former corporate adviser will join from JP Morgan in October
Citi adds to equity derivatives team
Four more join equity derivatives in London
Industry remains divided over case for EU consolidated tape
EU proposals for fixing the market fragmentation that resulted from the implementation of MIFID has the industry concerned