Banks
The Clearing House takes aim at CCP risk governance
Banks call for audit trails and beefed-up role for risk committees
Bank of Italy chief sees legal risk in senior bonds bail-in
Banks should inform savers about senior bonds’ place in resolution hierarchy
Q&A: Visco of Bank of Italy on bank reforms and supervision
Splitting off prop trading would ‘complement’ EU resolution regime
Riskology: hedge funds and banks can learn from each other
Banks should have more risk transparency, hedge funds more formal risk management
Is the financialisation of commodities being reversed?
Energy industry veteran Kaminski offers a verdict - and some career advice
HSBC admits to misgivings over ring-fence amid cost complaints
Vickers "surprised" by bank's loss of enthusiasm given its support in 2012
Niche services growing in forex prime brokerage – RBS
Competing purely on price no longer enough
EBA: banks must fill resolution fund but support can fluctuate
Time-varying contributions would mitigate pro-cyclicality
Newcomer of the year: Huntington Bank
Regional bank’s commodity hedging desk flourishes amid retreat of larger dealers
Derivatives house of the year: Citi
Bank wins with help of book purchases and willingness to take on trickier trades
Prime of primes reduce reliance on prime brokers
Forex prime brokers have reduced their services after Swiss franc move
Market-makers tweak algorithms post-SNB move
Liquidity providers seek to improve electronic price formation
Repo market coping with liquidity regulation for now – bankers
Efficiency gains have kept capital supply up, but challenges remain
Nonmaturity deposits and banks’ exposure to interest rate risk: issues arising from the Basel regulatory framework
The authors of this paper address the shortcomings of a major assumption in the Basel accords regarding interest-risk exposure and propose two models to incorporate optionality features that are often ignored.
Highlights from Energy Risk Summit USA 2015
Exclusive coverage of congress for energy risk managers and traders
US energy firms lament liquidity 'void' after bank exits
Long-dated natural gas and power markets hit especially hard, conference told
Malaysia central bank: credit reporting could unite Asean markets
Asean Economic Community faces challenges, says deputy governor Muhammad bin Ibrahim
EU risks have intensified, financial supervisors warn
Financial sector struggling with macro and operational risks
Q&A: Business veteran Nesbitt on sharing risk management burden
New head of Canada's risk institute says risk management benefits from multiple actors
Global banks urged to demand transparency or close accounts
Big players should cut local services if information on customers lacking
Risk appetite: define, apply, control
Global Risk Institute outlines steps towards effective risk framework
Banks to be prohibited from hedge fund investments
But close-ended, unleveraged or Ucits fund may provide an exception
Aligning risk management framework with risk appetite
Ariane Chapelle sets out metrics and tools to keep firms within their risk appetite
Q&A: TSB's risk chief on op risk, incentives and transparency
Neeta Atkar highlights clear communication and focus on customer service over sales