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Technology

Covenants: crisis of confidence

Financial covenants that rely too heavily on ratios are just not sophisticated enough to predict the likelihood of default, argues Sarah Woo . Loan originators must learn a trick or two from their colleagues in portfolio management and develop…

The waiting game

The Italian power market has finally opened to competition, but how long willenergy users have to wait until they can trade on the new electricity exchange? Joe Marsh reports

BNP tap Etrali for floors in China

French trading communications technology maker Etrali has done a deal with BNP Paribas to deploy its hardware on trading floors in China, says Henri Vautheny, Etrali’s general manager for Asia, excluding Japan.

Sponsor's Article > What are loan loss reserves?

Few things are more frustrating to businesses than to be subjected to contradictory requirements by multiple authorities. Modest inconsistencies are glossed over with little or no harm. David Rowe argues, however, that conflicting definitions of loan…

Cutting capital

Across the banking spectrum, new technology is being used to help financial institutions reduce their capital requirements, writes Clive Davidson.

Risk Into Value

Investment firms have plenty to consider in the race to achieve Basel II and operational risk mandates.

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