Risk magazine

• Regulation

Honesty best for preventing bank crises, report says

Ethics are far more important than economics in preventing bank crises, according to a report published today by Berlin-based corruption watchdog Transparency International.

• 01 Feb 2006

• Market risk

Beyond value-at-risk

Comment

• 01 Feb 2006

• People

Jade leadership revealed

The Chicago Board of Trade (CBOT) and the Singapore Exchange (SGX) named the chairman and directors of their planned Singapore-based joint venture, the Joint Asian Derivatives Exchange (Jade), yesterday.

• 01 Feb 2006

Isda launches evergreen novation protocol

The International Swaps and Derivatives Association today launched its updated Novation Protocol II (NPII).

• 01 Feb 2006

• People

Calyon names energy trading head

Calyon has hired Neil. Rothwell from Dresdner Kleinwort Wasserstein as global head of energy trading.

• 01 Feb 2006

• Structured products

IIC launches euro iBoxx ABS index

Frankfurt-based International Index Company (IIC) has launched the iBoxx EUR ABS 50 index, which consists of the 50 largest and most liquid AAA-rated European floating rate asset-backed securities (ABS) and mortgage-backed securities (MBS). Each…

• 01 Feb 2006

• Operational risk

A practical operational risk scenario analysis quantification

Thomas Alderweireld, João Garcia and Luc Léonard define an operational risk scenario analysis and its quantification technique, leading to the determination of the loss distribution characteristics. The method is based on simple questions put to…

• 01 Feb 2006

• Market risk

Beyond Black-Litterman: views on non-normal markets

In normally distributed markets, the Black-Litterman technique allows managers to construct portfolios that account for their views on a set of expected returns. Attilio Meucci extends the Black-Litterman framework to generic market distributions and…

• 01 Feb 2006

• Rankings

A golden touch

Energy and commodity rankings 2006

• 01 Feb 2006