Structured products

Icap looks to buy First Broker Securities

Icap, the world's largest inter-dealer broker, is in discussions to buy First Broker Securities, the New York-based interdealer broker specialising in US-denominated corporate debt and high-yield bonds, according to an Icap spokesman.

Regulator hits back at Basel II critics

Much of the complexity for which the Basel II bank capital accord is criticised is the inevitable result of three highly desirable features of the pact - namely, risk sensitivity, wide applicability and the shifting of the task of risk measurement to…

SAN Storm

Disaster recovery issues have thrust network-based storage into the spotlight. Lehman Brothers reveals the complex layers of storage systems that allowed business to continue after last year's World Trade Center attacks.

Asset managers run for cover

UK investment firms are facing increasing risk management pressures, thanks to new regulatory initiatives, legal challenges and a shift in operating environment. Coping will require a major investment in technology infrastructure – especially in the…

Changes afoot at rating agencies

Rating agencies are under fire once again, this time for failing to anticipate Enron’s bankruptcy. But they are looking to improve their methodology. What do the changes mean for banks that will have to rely on their ratings under Basel II?

Credit risk reporting: Managing the exposure challenge

Mass financial shocks – including Enron and Argentina – are forcing banks to disclose more information, faster, about their credit exposures to satisfy skittish investors. How are banks' technology infrastructures coping with this challenge?

New disclosure rule boosts pension risks

New UK accounting rule FRS 17 will force companies to disclose pensions liabilities on corporate balance sheets. The risk management issues are wide-ranging, and experts have few easy answers. Furthermore, the new rule could soon be adopted in a number…

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