Financial crisis
IIF calls for co-ordination in banking and insurance regulation
In its latest report, the IIF calls for cross-sector co-ordination in banking and insurance regulation
Berg new CRO at Swedbank
Crisis specialist Berg takes over as chief risk officer at Swedish bank
Uprisings lead to AML improvement in Middle East
Banks in the Middle East have a heightened awareness of AML issues since this year's uprisings, according to industry experts
Last-minute US debt ceiling rise leaves world reeling
Debt ceiling deal will not restore investor confidence immediately; China still looking to diversify reserves away from dollar; credit rating agencies cautiously affirm top ratings
Hedge funds not systemically risky, but UK regulator issues caveats
UK FSA's Hedge Fund survey and Hedge Fund as Counterparty survey find systemic risk low, but it does offer limited warnings
Robert Mundell: How to save the euro
Nobel laureate Robert Mundell says eurozone can be saved with three-pronged policy solution, ‘for the short run, intermediate run and long run’
RBS faces $100 million lawsuit in US
RBS being sued in the US by Highland Capital for $100 million
Greece’s second bail-out met with relief
Traders and strategists believe latest rescue package is a positive development, but expect further pain ahead as it is implemented
Fed aims for summer Sifi regulations
Bernanke says Fed expects to issue proposed rules on Sifi oversight this summer; also 'on schedule' to implement Basel III
US CLO issuance bouncing back in 2011, say experts
While CLO activity remains below pre-financial crisis levels, a demand for higher yields is driving US investor appetite
Falling oil prices and Greek crisis a boon to carbon traders
Carbon allowance trading hits all-time high in June as analysts downgrade predicted average ETS Phase 3 price to €22 per tonne
Eurozone authorities are losing credibility – CNB’s Singer
Credibility is key in crisis resolution and European authorities are failing to achieve, warns Miroslav Singer, the governor of the Czech National bank
Sponsored statement: Royal Bank of Scotland
The Inflation Vortex: Growth versus inflation – what path lies ahead?
Axa’s Mark Stamper talks about the insurer's risk overhaul in Asia
Chains of command
Dealers push for further CVA amendments under Basel III
Adjusting the adjustments
Elderfield details Ireland's new risk assessment model
Matthew Elderfield, head of financial regulation at the Central Bank of Ireland, reveals details of new ‘Prism’ risk assessment model
Yellen defends IMF proposals on capital controls
Federal Reserve vice-chair takes Fund line on framework to tackle capital inflows; follows criticism of framework from Indian, Brazilian officials
Sponsored statement: Royal Bank of Scotland
The Inflation Vortex: Growth versus inflation – what path lies ahead?
Commodity prices seen as greatest threat to recovery: poll
Rising commodity prices pose the biggest risk to recovery after the 2008 global financial crisis, according to a risk.net poll
Isda's Pickel addresses friction between rules and commitments
Speaking in a video interview, Isda executive vice-chairman Robert Pickel said regulators are aware that inconsistencies could emerge between legislative requirements and Fed letter commitments
Banks will pass on regulatory costs of derivatives transactions to clients, says Shirvani
Outgoing Isda chairman Eraj Shirvani spoke to Risk's deputy editor Duncan Wood about how derivatives operations, and end-users, will have to adapt to the impact of new rules
Video: Belgium's finance minister lays out European financial reform challenges
At Risk Europe in Brussels, Belgium's Didier Reynders speaks frankly about the sovereign debt crisis, financial sector reform and tensions between European institutions
Video: Algorithmics' Michael Zerbs on the ‘unintended consequences’ from Basel III
Algorithmics' president and chief operating officer Michael Zerbs talks about the long-term impact of moving from Basel II to Basel III, including some 'unintended consequences' likely to emerge from the move to central clearing as well as the specific…