Operational risk
WHAT IS THIS? Operational risks are those arising from people, processes and systems – the biggest form of exposure for many industries, but one that was neglected by financial firms until the collapse of Barings Bank in 1995. It was added to the Basel capital framework in 2004, but attempts to model operational risk were dealt a heavy blow by the huge, unforeseen losses suffered by banks in the aftermath of the financial crisis.
Managing hedge funds’ exposure to op risks
Hedge funds op risk analysis
Losses and lawsuits
Loss database
Check 21 adoption 'will be slow'
Management intelligence
Clearing and settlement group holds first meeting
Management intelligence
BITS develops security risk calculator
Management intelligence
US Congressman calls for op risk redraft
A Congressman and members of the banking industry lambasted the operational risk capital charge in Basel II at a fresh set of hearings, The New Basel Accord: Private Sector Perspective, held in the House of Representatives' Financial Services Committee…
Deutsche appoints new head of operational risk
Deutsche Bank has internally appointed Christian Sewing as global head of operational risk management (ORM), replacing Fred Peemoeller.
SIA cautions on securities settlement
Management intelligence
Losses and lawsuits
Loss database
Briefs
Management intelligence
Isda reports faster credit derivatives processing
Management intelligence
Op risk insurance thinking hots up
Management intelligence
Leeson warns on new op risk failures
Management intelligence
Asset managers ready to attack regulatory
Special focus: Asset management
The economics of a pandemic
Aids: pandemic economics
KRIs ‘would not have saved Barings’
Management intelligence
Research and data efforts make progress
Management intelligence
Banks making big op risk advances, says Fitch
More than 70% of the world's major banks will have developed tools for monitoring operational risk indicators and will be using risk and control self assessments by 2007, according to rating agency Fitch.
Changing hats
Management intelligence
Questions raised over terrorism coverage insurance act extension
Management intelligence
Fed fines UBS for violating US trade sanctions
Management intelligence
Losses and lawsuits
Loss Database
Fixed income fears Big Brother crackdown
Management intelligence
DTCC to enhance breakpoints disclosure
Management intelligence