General Electric (GE)
Top 10 operational risk losses of 2019
Fraud, embezzlement, tax evasion, subprime (still) and rogue trading – and Citi crops up twice. Data by ORX News
US distributor: Incapital
Structured Products Americas Awards 2012
Product performance
Product performance
Product performance
Product performance
Market snapshot
Tim Mortimer of Future Value Consultants looks at the pricing issues for structured products in different markets and provides his trade of the month
Product performance
Products with strike dates in January and weekly valuations are reviewed this month
FSA issues £1.1 million fine to mortgage lender
Daily news headlines
American General restates derivatives by $41.5 million
American General Finance, the Indiana-based consumer loans specialist, has become the latest US company to restate its results because of mistakes in applying accounting rules. The company announced it would adjust income upwards by $41.5 million for the…
SEC puts GE's derivatives use under formal scrutiny
The Securities and Exchange Commission (SEC) has started a formal investigation into General Electric's use of derivatives.
Trouble in paradise
Healthy balance sheets, swollen liquidity reserves and positive cashflows should be the words every bondholder wants to hear, but they could spell bad news for credit investors in the US as companies prepare to reward equityholders
Mizuho kick-starts insurance derivatives business
London-based Mizuho International has unveiled an insurance derivatives business, to be headed by newly appointed Stefan Roggenkamp.
FASB unlikely to delay FIN 46, says CSFB
The US Financial Accounting Standards Board (FASB) is unlikely to delay the introduction of financial interpretation number 46 (FIN 46), the consolidation of variable interest entities (VIEs), according to the accounting and tax research team at Credit…
GE ERC names Narvell as new global chief actuary
GE's Employers Reinsurance Corporation (GE ERC) has lured John Narvell from XL Winterthur International as its global chief actuary.
GE Commercial to merge risk and insurance products divisions
GE Commercial Insurance is integrating its Industrial Risk Insurers (IRI) and Global Asset Protection (GAP) Services businesses into one company.
Exposing exposures: how far will it go?
The Enron debacle has spurred investors and creditors to press for greater disclosure of corporate risk and hedging strategies. Companies are beginning to respond. How far will it go?