Tag Archives: Governance
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...
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,”...
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,...
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...
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...
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...
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...
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...
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...
Recent Comments