PwC
UK Treasury regulatory reform paper hints at potential industry costs
More details emerge on how the new regulatory regime in the UK will be structured
QIS 5 makes its mark
European insurers are gearing up to take part in Solvency II’s latest and final quantitative impact study. John Ferry assesses what the latest proposals suggest about the impact of the new regime
Head of Lehman Brothers UK administration steps back
Insolvency veteran Lomas to head Lehman Brothers International (Europe) (LBIE) administration in Pearson's absence.
Where there’s a will…
Living wills have quickly emerged as a new measure to ensure banks are better prepared for the next crisis. But clear definitions of exactly what information they should contain and how they should be drawn are lacking
New kids on the block
As the traditional retail banking giants struggle to stay afloat, a new breed is rising to the surface
FSA Hyman ban reflects strategy change
Regulator more focused on “experience and qualifications”
Lehman reorganisation plan not equitable, says LBIE administrator
Plans by Lehman Brothers Holding Inc (LBHI) to disregard a majority of guarantee claims from its affiliates are not fair, according to one of the joint administrators of Lehman Brothers International (Europe) (LBIE).
Prime brokers move towards independent SAS 70 checks
Prime brokers have focused on bolstering asset security for clients after billions of dollars of client assets were caught up in the administration of Lehman Brothers International (Europe) (LBIE).
Why banks must prepare for a 'black ash' event
Erupting volcanoes do not often show up in scenario plans for financial services firms but they might do from now on.
LBIE paid out $17.2 billion to date to creditors
Lehman Brothers International (Europe) (LBIE) has collected more than $48.6 billion of assets and cash up until March 14, and $17.2 billion has been distributed to creditors, according to a progress report by the administrators of LBIE, published on…
All Europe’s electricity could be from renewables by 2050, says PwC report
Europe and North Africa could be powered solely by renewable electricity by 2050 through the implementation of a SuperSmart Grid, according to a report issued this week by global advisory firm PricewaterhouseCoopers.
Chinese insurers face-up to the risk management challenge
The Chinese insurance sector has experienced an unprecedented level of growth in recent years, but as the premium inflows pile up, is their risk management approach adequate? Aaron Woolner reports
Keeping the lights on at Lehman
The administrators of Lehman Brothers International (Europe) discuss their role in handling the largest bankruptcy in corporate history, revealing how the process has raised questions about prime brokerage agreements, stock lending practices and the way…
Winding down Lehman
In an exclusive interview with Risk, the administrators of Lehman Brothers International (Europe) discuss their role in handling the largest bankruptcy in corporate history, revealing how the process has raised questions about prime brokerage agreements,…
