Federal Reserve Bank of New York
Wells Fargo: late entrant to the OTC clearing race
A credible competitor
G14 dealer group adds two members
Nomura joined the group at the end of August, while Crédit Agricole is expected to join in the first quarter next year - in part a response to regulator criticisms that the group had become too exclusive
Video: New York Fed’s Marc Saidenberg denies US go-slow on Basel II implementation
The US is introducing Basel II at a similar pace to international peers and is also committed to timely implementation of Basel III, according to Marc Saidenberg, senior vice-president of bank supervision at the New York Fed, who warns of the dangers of…
US watchdog spots conflict of interest with Fed director roles
US Government Accountability Office identifies three examples where senior bank executives might have benefited from their positions on regional Federal Reserve boards
Non-bank commodity traders should adopt Fed letter commitments, says BP executive
BP's Alan Haywood says non-banks need to consider Fed letter commitments for the good of the industry
Banks blame complexity for slipping tri-party reform targets
Reforms to $1.59 trillion tri-party repo market are set to miss industry deadlines, and could now spill into 2012
OpRisk Europe 2011: Video
OpRisk Europe speakers and delegates give insight into the 13th annual OpRisk conference
Egan and McGarry sentenced over $60 million fraud
Two New Yorkers have been handed prison terms for their part in a $60 million fraud
OpRisk Europe: Implementation is key
Changing the rules
Op risk needs greater R&D effort, say US regulators
Senior Fed regulators call on banks to restart research into op risk management
OpRisk Europe: Reporting key to competent risk management
Reporting is key to competent risk management, yet is often neglected, New York Fed op risk specialist warns
Sponsored webinar: Where does responsibility lie with operational risk?
Webinar hosted by Operational Risk & Regulation and sponsored by Oracle addresses how to improve visibility and acceptance of op risk management techniques
Recovery sparks spate of distressed asset sales
Making good on bad assets
Tri-party repo reforms pose new challenges
Three's a crowd
New York Fed RMBS sales go smoothly
Auctions of AIG legacy portfolio delivering a solid result for the Fed
CFTC proposals render TriOptima rates repository unfit for purpose
Industry launches new process to select rate derivatives repository, after CFTC proposals far exceed tasks TriOptima’s repository was asked to perform by dealers and bank regulators
Latest ODSG letter shows dealer aims weakened by Dodd-Frank Act
Dealers say they have little appetite for voluntary change when facing big mandatory reforms
Risk Europe: More clearing members preferable, say buy-side panellists
A wider universe of clearing members could help reduce risk, say buy-side representatives – who add they would consider joining
NY Fed’s Krieger: liquidity backstop for shadow banks vital
New York Federal Reserve executive vice-president Sandra Krieger stresses importance of backstop measures to reduce systemic risk arising from shadow banking activities
Voluntary commitments take back seat to Dodd-Frank
Losing commitment
Dodd-Frank hinders new ODSG commitments
Rulemakings are undermining progress, dealers say
New York Fed risk chief joins AIG
Brian Peters named insurer's enterprise risk head
Future of supervisors' letter process unclear in wake of Dodd-Frank
Swap clearing legislation threatens to render OTC market commitments redundant