Subprime
Nightmare on North St
Amid countless other subprime-related lawsuits, a showdown is currently taking place between HSH Nordbank and UBS over a stricken collateralised debt obligation, named North Street. The case raises questions about practices employed at banks and across…
Subprime and punishment
Legal Risk
Standard Chartered reports $4 billlion profit
London-based Standard Chartered has reported a $4.04 billion profit, despite $300 million in US subprime debt-related writedowns.
Mispricings at Credit Suisse cause $2.85 billion loss
Zurich-based Credit Suisse has suffered an additional $2.85 billion in writedowns due to ‘mismarkings and pricing errors’ in structured credit products exposed to US subprime mortgages.
AIG admits errors in credit loss estimates
American International Group's (AIG) writedowns on its US subprime exposure were more than triple the original estimate, it emerged yesterday.
London Scottish short on capital
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Where the buck stops
Risk management units alone cannot avoid the damage from periodic bouts of irrational exuberance. That responsibility lies with the chief executive, argues David Rowe
Credit tails
Model Risk
A tragedy in three acts
Timeline
Q&A - Jamie Dimon, JP Morgan
Risk Awards 2008
Derivatives Research House of the Year - Citi
Risk Awards 2008
Pension Risk Manager of the Year - Nordea Life & Pensions
Risk Awards 2008
Everyone loves a chief risk officer
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Market reacts to US Treasury subprime plan
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More subprime legislation on the way
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The top 10
OpRisk & Compliance outlines the top 10 challenges readers and their firms will face in 2008. By David Benyon, with additional reporting by Ellen Davis
Subprime fallout: US passes lending reforms
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Summer of discontent
Peter Madigan takes a look at how regulators in the US, UK and Europe have reacted to the events of the past summer, and the many rules and regulations practitioners can expect to face this autumn
McCreevy says financial crisis best solved behind closed doors
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Subprime bill deemed “a constructive step”
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