Central banks
European telcos: mixed signals
Credit of the month
Losses and lawsuits
LOSS DATABASE
Complaints against Hong Kong banks nearly double
OP RISK MANAGEMENT
Q1 scapegoats: energy and weather
Risk’s second quarterly round-up of corporate risk disclosures provides some evidence that companies are becoming more forthcoming. But losses on hedgeable exposures, especially energy and weather, continued to plague many
Getting the deal done
Falling equity valuations have made funding a merger or acquisition with stock difficult. Equity derivatives dealers are devising and updating hedges to ensure deals get done despite the bear market. Rob Dwyer examines the latest techniques
An aggressive agenda
Dresdner’s chief risk officer, Heinrich Linz, is masterminding a credit revolution at the German bank.
Risk contributor Blejer steps down as Argentine central bank governor
Mario Blejer, a former senior adviser to the International Monetary fund (IMF), has resigned as governor of the Argentine central bank. The move could prove to be a blow to Argentine president Eduardo Duhalde's efforts to restore the country's battered…
First Italian hedge fund to open in July
Kairos Partners will become the first hedge fund in Italy when it starts trading in July, after receiving approval from Banca d'Italia, the central Italian regulator, yesterday.
Tools for the trade
Credit Risk
Banks bid for Roman risk management
Comune di Roma – the City of Rome – is close to awarding a mandate for the risk management of its €6 billion of outstanding debt, said bankers involved in a beauty parade city authorities have been holding over recent weeks.
Credit Lyonnais prepares Asian-flavoured arbitrage synthetic CDO
France’s Credit Lyonnais Securities is getting ready to launch a global arbitrage synthetic collateralised debt obligation (CDO) within a month, according to the bank’s head of Japan investment banking and ex-Japan Asian debt capital markets, Jean-Marc…
The roads to currency overlay
Forex risk
Higher or lower?
Credit Risk
Guarded optimism hinges on new tools
Catastrophe bonds
The risk transfer shell game
Credit derivatives
Corporate focus on credit risk management
Sponsor’s statement
A cost/benefit approach to Basel II
The cost of implementing Basel II could put banks at a competitive disadvantage compared with non-banks, and spur them to ‘de-bank’ to avoid this regulatory burden. Harry Stordel and Andrew Cross say regulators must look at the provisions from a cost…