Allied Irish Bank (AIB)
Irish bail-out fails to quell bank worries
The cost of insuring against a default of Ireland's major banks went up today, despite yesterday's aid package agreed by parliament.
CDS spreads on Germany approach six-month high
Risk perception of German debt continued a week-long rise, on fears of the country's exposure to fellow eurozone members with weaker finances.
Irish CDSs widen on Fitch downgrade
The cost of insuring against an Irish government default rose today as Fitch lowered its Ireland rating to BBB+
Sovereign CDSs tighten on tough Irish budget
Debt protection costs on peripheral eurozone nations dropped slightly today after the Irish government voted on austerity measures.
Credit spreads edge inwards in hours before Irish budget
Sovereign and corporate CDS tighten as Irish government prepares to announce austerity measures.
CDSs on euro peripherals widen over weekend
CDSs on Ireland, Portugal, Italy, Hungary and Spain increased over the weekend, while the cost of protection against Greek default fell.
Sovereign CDS spreads continue to fall after volatile week
Tightening of peripheral CDS continues for third day after Trichet announcement
Peripheral CDSs fall on ECB liquidity promise
The cost of insuring against a default of peripheral European states continued to fall today, after peaking at record highs on Tuesday.
Markets relax on peripheral debt ahead of crucial ECB meeting
Peripheral CDS tighten as Trichet raises hopes of more bond purchases
Periphery CDSs break records as sovereign fears continue
Portugal might be next peripheral to seek help, economist warns, as its CDS hits record high.
Irish bail-out fails to stem default fears
Credit default swaps on Irish debt continued to rise after the approval of €85 billion in EU aid.
Dramatic CDS increase for Irish financials
Cost of debt protection rockets for Irish banks on fears of haircuts
Uneven day for Irish CDS spreads
Big CDS moves for Irish financials, but eurozone starts to stabilise
Sovereign CDS spreads widen in eurozone
Volatility returns to CDS spreads across the eurozone in early morning trading
CDSs on Irish banks widen further
The cost of credit protection on Irish banks rose steeply this morning as the European Commission warned Ireland's budgetary deficit could widen to 9.5% of GDP by the end of 2009.
CDS spreads widen despite bailout approval
Credit default swaps (CDSs) on a number of major dealers widened yesterday in spite of the US Senate vote on a revised $700 billion financial rescue plan.
AIB repays €26m for overcharging
Allied Irish Banks (AIB) said it is repaying €26 million ($32 million) it overcharged clients on three million FX deals, after a regulator slammed the bank in a report last week.
AIB repays €26 million for overcharging
Allied Irish Banks (AIB) is repaying €26 million ($32 million) it overcharged clients on 3 million foreign exchange deals, after a regulator slammed the bank in a report last week, reports RiskNews’ sister publication, FX Week .
AIB rapped for overcharging for forex deals
Allied Irish Banks (AIB) sailed into another forex controversy last week, as it emerged the bank has been overcharging for forex deals for the past eight years, reports RiskNews' sister publication, FX Week .
US foreign exchange dealers revise operational risk standards
The Foreign Exchange Committee, a 20-dealer industry liaison group to the New York Federal Reserve Bank, has made new recommendations for the exercise of in-the-money foreign exchange options in a revision to its 1996 forex operational risk best…
Linkage between op risk measurement and management key, says Lawrence
The key question that operational risk managers must face is how they directly link op risk measurement to the process of op risk management, said Mark Lawrence, chief risk officer at ANZ Bank in Australia, today at the annual Operational Risk conference…
Linkage between op risk measurement and management key, says Lawrence
Operational risk managers must face up to how they directly link op risk measurement to the process of op risk management, said Mark Lawrence, chief risk officer at ANZ Bank in Australia, today at the annual Operational Risk conference in London.