3:13 pm - Saturday December 17, 5983

Tag Archives: Governance

DDT

Disputed derivative transactions – Santander and Pourtuguese Rail Operator

I happened to read today a news item on disputed derivatives transactions. It is reported therein, the dealers settled a crop of disputed derivatives trades with Portuguese state owned entities last year with one exception – Santander...
imagesCAMQSW65

LIBOR Revisited

Do you know? When LIBOR was born? Minos Zombanakis, born 88 years ago on a Greek island, remembers well the birth of the interest rate benchmark. “I was, more or less, if you excuse the lack of modesty, the one who started the whole thing,”...
Capital_Markets

Integrated Global Capital Market Platforms

Banking, Financial Services and Insurance vertical – BFSI in short – is the only global industry which is totally risk savvy and thrives only by acquiring and managing risk. BFSI players need therefore delivery of seamless governance,...
derivative-categories

Interest Rate Derivatives and their wrong sales to gullible customers

Banks are more in the news these days – for a variety of reasons with negative impact of course.  Of all these, the one connected with mis-selling of interest rate derivative products is causing considerable damage. The kind of allegations...
rupee-down

What needs to be done to arrest the falling Indian Rupee?

In every country prices are expressed in units of its currency. The value of the currency itself however can be judged only against an external reference. This reference, the exchange rate, thus becomes the fundamental price in any economy. Exchange...
money arrow

Realignments in Investment Banking – Sell Side to Buy Side

Euro and Europe are going through challenging times. Stephen Hester, chief executive of Royal Bank of Scotland, has conceded for the first time that the state-backed lender could sell its investment banking division. Giving evidence to members...
public-banking

GenNex Public Banking System in USA

The thought for this post occurred thanks to the article on “Economic struggles spur calls for consideration of public banking” by Tracy Loew in ‘USA Today’ recently. More and more states in the USA are joining the bandwagon and are...
bank-stress

Principles for sound stress testing practices in banks

According to Bank for International Settlements, stress testing is an important risk management tool that is used by banks as part of their internal risk management exercise. It is especially important after long periods of benign economic and...
sdr

SDRs – Emerging Intermediaries in US Financial Markets

Clarification: For the purpose of this discussion, SDRs are not Special Drawing Rights. They are Swap Data Repositories. Swap Data Repository, a Financial Markets Intermediary, is an entity that will be expected to maintain a centralized electronic...