Risk magazine
OTC client clearer of the year: Citi
Bold decision to sacrifice margin income put Citi’s OTC clearing business on firm footing
Credit portfolio manager of the year: Lloyds Bank Commercial Banking
Revamped CPM team plays key role in boosting sub-par returns
Law firm of the year: Cadwalader, Wickersham & Taft
US law firm proposed relief to Tob programme, and won mandate to develop rule change
Flip clause ruling nets Lehman estate $3 billion
Judge warns legal uncertainty remains, however
‘Frustration’ claims unlikely to hit Libor reform
FMLC's Joanna Perkins dismisses legal concerns about benchmark reform
Duffie: regulators may push swaps market off Libor
Even reformed Libor no longer a viable reference rate, says FSB adviser
Massad: let market decide what it wants from Sefs
Voice v electronic execution decision left to market participants
EU banks eye hard slog of contract changes to meet bail-in rule
Banks required to include clause exposing foreign counterparties to potential haircuts
Banks fear capital add-ons for BCBS 239 failures
Capital add-on is "a stick that's out there", says Santander's Goddard
Looming EU-US deal on clearing gets cool welcome from banks
Proposed European rule change will raise risks and costs of clearing, critics fear
Managing the secured versus unsecured basis risk: Hedging with a secure benchmark
Sponsored feature: Eurex
Leading the way in the risk management (r)evolution
Sponsored feature: Prometeia
Final FRTB is a game of give-and-take, say dealers
Relaxation in some areas of Basel market risk rules offset by harsher treatment in others
Firms must work together against CCP cyber threat – Voormeulen
Collaboration and information sharing are vital, says co-chair of CPMI-Iosco working group
The drawn-out death of a standard IRRBB charge
For 23 years, regulators have been trying – and failing – to standardise banking book rates risk
Fresh delay for EU rules on CCP spillover losses
Recovery and resolution rules will miss the revised February delivery date
Basel abandons plans for Pillar 1 rates risk charge
No standard charge for banking books, but souped-up Pillar 2 still worries critics
Risk software survey 2015: speed, compliance and valuation
Regulatory change drives innovation, with valuation, centralisation and speed taking centre stage
US regulators told to expect VM status change
Fed, FDIC and OCC told daily settlement of swaps will cut required capital
Morgan Stanley loses three in forex and one quant
Morgan Stanley loses four staff in US; Barclays forex head departs; Citadel adds CDS trader; and more
Cutting Edge introduction: No more shortfalls?
Academics develop expected shortfall backtest to compare standardised and internal models
Hedging error measurement for imperfect strategies
Jack Baczynski, Jonathan da Silva and Rosalino Junior present an index for measuring hedging errors
Corporates cheer carve-out from shadow bank label
EBA guidelines dispel fears of limited credit lines to non-financial firms
How FVA saved the cross-currency swap
Funding benefits have slashed pricing for some uncollateralised trades