Risk magazine
BarCap expands data cost control tools
With an eye to keeping market data costs under control, following its acquisition of Lehman Brothers, Barclays Capital launches a new tool
NY Fed attacks article on AIG debacle
New York Fed general counsel Thomas Baxter takes issue with New York Times article which says Fed ignored advice from advisers on AIG counterparty CDS issue
Interview: UK MP Jonathan Evans on financial regulation
Chair of All Party Group on Insurance and Financial Services says reorganisation of UK regulatory structure is welcome
In-depth reports on US and EU regulation, Barclays Capital and Ucits hedge funds
Regulation from the US and EU will impact on hedge funds. Barclays Capital has plans to leverage its acquisition of Lehman’s North American prime brokerage business. Ucits hedge funds explained
Index hedges may be allowed in Basel CVA charge
Basel Committee modelling group chair suggests index hedges and double counting could be fixed in proposed CVA charge.
Head of Lehman Brothers UK administration steps back
Insolvency veteran Lomas to head Lehman Brothers International (Europe) (LBIE) administration in Pearson's absence.
Questions raised about CCP collateral
Bank collateral managers raise concern about wrong-way risk in clearing house collateral
Governors gloomy on outlook for pan-African currency
South African, Nigerian and Ghanaian central bank governors say path to regional and continent-wide single currency littered with obstacles; single currency will not correct underlying problems
Netherlands’ Wellink survives resignation calls
Calls for Netherlands Bank governor to quit followed damning report into the central bank’s handling of failure of DSB
Dodd-Frank margin intent delivers end-users a blow, despite reprieve
Senator's letter fails to assuage end-user concerns over non-cleared swaps
Liquidity risk management: Experience shared is a lesson learned
The financial crisis showed that not nearly enough attention had been paid to liquidity risk management by either banks or supervisors. Extensive regulation has been proposed in response, but what will this mean for the financial sector? A group of…
DTCC acquisition of Avox to result in ‘wider range of ref data’
DTCC has acquired Avox in a move set to result in a broad reference data platform
State Street names new head of risk
Oliver Wyman's former partner moves to Boston-based firm
We must accept central banks’ limitations, says Fed’s Plosser
Philadelphia Federal Reserve president warns mistaken view of central banks as omnipotent risks damaging their credibility
Cesr studies MTFs in July amid Mifid revamp
MTFs and dark pools policy positions to be announced, Cesr urges industry participation in consultation
Hedge funds caught in EU Capital Requirements Directive
New European Union compensation rules affect hedge funds before AIFM comes in force
Dodd-Frank: Abolition of OTS will boost OCC
OTS and OCC light-touch supervision grew bank assessment fees but fed institutional collapses
Regulation to reshape bank funding
Contrasting regulation for buyers and issuers of bank paper is adding to stress in funding markets.
EBF expansion of Euribor set to increase euro benchmarks gap
Changes are planned to a key euro rates benchmark - and it could have a number of knock-on effects.
Credit expert findings should help revise new impairment standard, says IASB
A proposed new approach to loan loss accounting is proving a tough nut to crack, but standard-setters say progress has been made.
No changes yet as Basel III redrafting looms
Basel Committee members are seeking to fend off speculation they have already decided to abandon or rewrite key elements of their proposals.
US regulatory reform reaches tipping point
It's not quite over yet, but the text of the Dodd-Frank bill has been agreed and derivatives users have cause for both celebration and concern.