Operational risk
Six Securities Services names Wieland as clearing chief
Urs Wieland has been named CEO of Six Securities Services
NCB appoints vice-president of financial audit and control
NCB has appointed Jonathan Klugman as vice-president of financial and audit control
Adkins quits Financial Fraud Enforcement Task Force after 17 months
The executive director of the financial fraud enforcement task force has quit his post after just 17 months
Risk-managing the Middle East's revolutions
Risk-managing revolution
Launch of interoperability not perfect
Interoperability has launched in cash equities with a system that is good, but not perfect
UK FSA fines Willis £6.9 million for anti-bribery failings
The FSA has fined insurance brokerage Willis £6.9 million for failures in its anti-bribery and corruption systems and controls relating to payments to overseas third parties
Types of operational risk loss by event, June 2009 to June 2011
SAS June data shows a return to smaller losses, and FinCen's new data shows the number of suspicious activity reports filed by US depository institutions falling for the second year in a row
A simple formula for operational risk capital
A new formula from the Japanese FSA allows a straightforward and risk-sensitive calculation of capital levels, which could mean many banks increasing their AMA capital holdings
Curing the culture of fraud
Internal affairs
New FFIEC regulations acknowledge changing online threat
On the back foot
OpRisk Asia: the perils of prosperity
This year's OpRisk Asia conference saw speakers warning of the dangers of fraud, regulatory overreach, and bank overconfidence
Lamb discusses CME Clearing Europe's goals
A clear goal
Lowrance charged with using investor funds for Ponzi scheme
Jeffrey Lowrance charged with using investor funds in a Ponzi scheme to fund start-up newspaper
Former chair of Taylor, Bean & Whitaker sentenced to 30 years
Lee Farkas, former chair of TBW, has been sentenced to 30 years and ordered to pay back $38.5 million
JP Morgan Securities charged with rigging municipal bonds
JPMS rigged at least 93 municipal bond reinvestment transactions in 31 states, SEC says
UK trio sentenced for phishing scam
Three men have been sentenced to a total of 13 years and six months for their part in a phishing scam that attempted to steal more than £1.3 million
Former Citigroup employee charged with fraud
Former vice-president of Citigroup's treasury finance department charged with bank fraud
RBS faces $100 million lawsuit in US
RBS being sued in the US by Highland Capital for $100 million
OECD calls for greater access to data and increased risk modelling for regulators
The OECD highlights a lack of access to data and a need for varying risk models for regulators and risk managers
Former CME employee charged with data theft
A former employee of CME Group has been arrested and charged with stealing data from the firm
OECD calls for a permanent risk body
With the increased global threat of risk in the financial and other systems, the OECD calls for a permanent risk body within its organisation
Inconsistent regulations delaying AMA rollouts globally, banks say
Pillar II is causing banks to face challenges from host regulators
Change of governance
Change of governance