Market risk
The optimisation of everything: OTC derivatives, counterparty risk and funding
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Bank risk manager of the year: Deutsche Bank
Bank risk manager of the year: Deutsche Bank
The white elephant of the trading book review
The Basel Committee’s fundamental review of the trading book raises some serious issues, but David Rowe argues its central proposed revision to the market risk capital regime is little more than a costly distraction
Risk management sweatshops? Number-crunchers move to satellite offices
From Berlin to Birmingham, from Tampa Bay to Dallas, banks have tried to boost their risk management resources – while keeping a lid on expense – by building teams in relatively low-cost cities. But do these far-flung offices improve performance? Joe…
Osfi copies US CVA charge to protect Canadian banks
Canadian regulator wants its banks to compete on same terms as US rivals
Risk USA: Buy-side prepares for fixed-income storm
Artificially low volatility leaves firms nervous about the future – and looking for fixed-income alternatives
Banks still battling with sales-driven culture, survey finds
Latest EY risk management survey finds risk culture questions remain
Banks round on LCR approach to derivatives collateral flows
The Basel Committee decided earlier this year to include collateral outflows arising from changes in derivatives values in bank liquidity requirements. Their suggested approach, however, has worried some in the industry. By Michael Watt
Insurers look to volatility controls to support long-term guarantees
As insurers look for ways to offer long-term guarantees to customers despite the challenging investment environment, some are turning to volatility control mechanisms to reduce the cost of hedging the guarantees. Louie Woodall examines how these…
Economic woes and regulation add to VA hedging challenge
Jumping the hedge
OpRisk North America: Regulator warns industry to get implementation of Dodd-Frank right
Implementation of Dodd-Frank Act raises op risk concerns, conference hears
OpRisk North America: Financial crisis has elevated status of op risk managers
Post-crisis, the value of op risk managers is clear, conference hears
Bank capital models need more consistency: OCC's Pasch
Regulators planning follow-up to trading book study that revealed huge variation in modelled RWA numbers
Solvency II delays limiting internal model growth, head of op risk warns
Reticence among certain insurers to quantify operational risk also to blame for lack of progress in model development
Majority of firms expect to up IT spend in 2013
Nearly 60% of financial institutions say they will increase spending on technology next year – and new regulatory requirements are a big driver
Risk USA: "We needed to run a simpler bank," says UBS risk manager
Capital pressures that drove UBS out of fixed income could force other banks to follow suit, says market risk head – and names Société Générale and BNP Paribas as examples
The false promise of expected shortfall
The false promise of expected shortfall
Scotiabank: Enabling real-time credit analysis
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