Central banks
Trichet still best bet for ECB job
Jean-Claude Trichet's trial is not an insurmountable obstacle to his accession to ECB presidency. But while the outcome is uncertain, French officials must come up with a back-up candidate, says Stephen Sandelius, Paris correspondent for Market News…
Continuous-linked settlement: Extending to Asia
Continuous-linked settlement – the initiative designed to eliminate forex settlement risk – went live at the end of last year. But with only Australia and Japan represented in the first batch of currencies, what will CLS mean for Asia’s banks?
Waiting for guidance
South Korea's banks have made huge strides in implementing risk management systems over the past few years, but Basel II is not yet a driving force, with banks waiting for the Korean regulator to publish local guidelines.
Sponsor's article > Don't count on buffers
One possible mitigator of the pro-cyclical impact of risk-sensitive capital requirements would be counter-cyclical changes in capital buffers. Empirical evidence on this issue is scarce and a new regulatory capital regime could well induce a behavioural…
Open Platform - Not Just An Equity Front-End
The future OMSs will include a stronger fixed income role and maybe even middle- and back-office functions like confirmations and allocations.
Banca Intesa: conquering the cultural challenges of op risk
MILAN - Much ink will be spilled over the more quantitative aspects of operational risk — modelling, data gathering, technology infrastructure, for example. But it's the cultural challenges of implementing an operational-oriented framework that risk…
McDonough speaks on QIS3 results, and US regulatory changes
"At this early stage, the results suggest that the incentives built into the New Accord are functioning as we had hoped," said William McDonough, president of the Federal Reserve Bank of New York and the head of the Basel Committee on Banking Supervision…
Heavyweights move to tackle rising unnamed counterparty risk
Top foreign exchange banks are joining forces with central banks and industry groups to eliminate unnamed counterparty risk.
Trichet to top the bill at Prmia’s inaugural European summit
Jean-Claude Trichet, governor of the Banque de France, and the most likely successor to Wim Duisenberg as president of the European Central Bank (ECB), will make the keynote address at the Professional Risk Managers’ International Association's (Prmia)…
Global banking community poised and ready for QIS 3 op risk results
BASEL, SWITZERLAND – Bankers are eagerly awaiting the results on operational risk from the third Quantitative Impact Study (QIS3).
Germany’s DZ Bank takes €100 million-plus swaps hit
DZ Bank, the largest central co-operative bank in Germany, has made significant trading losses from its zero-coupon interest rate swaps positions.
Merrill touts restructuring strategy
US investment bank Merrill Lynch is advising investors to 'buy restructuring' as part of their credit portfolio strategy, according to a new report, 'Credit Derivatives Protection Strategies'.
Ahead of the green game
Germany
The lessons of war
Cover story
On the brink
Auto sector
Tyco: pulling itself together
Credit of the month
Waiting for guidance
Basel Accord
Open to innovation
Investor products
An upward spiral
Credit derivatives
An integrated approach
Cash management
Forex committees to develop best practices
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