Risk magazine
Vexed by variance
Variance swaps
Stemming the flow
Liquidity risk
Into the tempest
Natural catastrophe risk models suggest that insurers are significantly under-capitalised. Firms are tapping the capital markets for billions of dollars in additional reinsurance capacity, but it may not be enough to avoid damaging rating downgrades…
Taking exception
Value-at-risk
Home-host conflict
Despite structural attempts at supervisory co-ordination, international banking groups need to foster bilateral understanding with their subsidiaries' host regulators, argues David Rowe
Taifex appoints new chairman and president
The Taiwan Futures Exchange (Taifex) has appointed Wu Rong-I as chairman and Steve Wang as president for three-year terms, replacing outgoing chairman Wang Der-shan and president Foo-shiung Ho, both of whom have retired.
Isda and BMA respond to GASB views on derivatives
The International Swaps and Derivatives Association and the Bond Market Association (TBMA) have responded to the US’s Government Accounting Standards Board's (GASB) views on accounting and disclosure of derivatives and hedging activities by governmental…
Walter to run Basel Committee secretariat
Federal Bank of New York senior vice-president for banking supervision, Stefan Walter, is due to take over the role of secretary general for the Basel Committee on Banking Supervision’s secretariat at the Bank for International Settlements in Basel,…
Fitch acquires Reoch Credit
Fitch has today announced the acquisition of London-based credit derivatives analytics firm Reoch Credit as part of its drive to provide market risk assessment services for the synthetic collateralised debt obligation (CDO) market.
SIA and BMA to merge
The Securities Industry Association (SIA) and the Bond Market Association (BMA) have announced that they will merge to form the Securities Industry and Financial Markets Association (SIFMA).
Tiner warns banks of cross-market correlation risk
John Tiner, chief executive of the UK Financial Services Authority, has warned UK banks that their stress testing may not be adequate against a widespread downturn.