Tag:
risk
Latest Headlines
Latest Headlines
Jamie Dimon on the future of banker compensation
Are we at a compensation inflection point in the banking industry? The conventional wisdom is that the glory days of fat compensation are over.
This view was eloquently expressed at the recent Goldman Sachs bank investor conference by Kenneth Jacobs, the CEO of Lazard. As quoted by Financial
Booz Allen lists top 10 cyber security trends for financial firms
It's been quite a year from an enterprise security perspective. We've seen some truly frightening breaches at blue-chip companies, the likes of Google, RSA and Citigroup. The entire financial
Citigroup CEO proposes a way to compare financial risks
Citigroup CEO Vikram Pandit has generated mild applause for his idea on a new system that would allow for better comparison of banks when it comes to risk.
As Breakingviews describes it, "Pandit is championing an idea to make it easier to compare the way banks assess risk. To accomplish th
CDS investors hold on for longer than many think
As the rules for the new, more automated and more regulated OTC derivatives markets takes shape, we're seeing some interesting sparring over CDSs and the extent to which they are hedged by the big dealers.
One proposal has called for the industry to report trades within 15 minutes of consummat
Transaction tax still not going away
The battle over a tax on stock transactions is not going away. In this season of budgetary woe, you can understand why the political machinery is taking a strong look at this, which some have calculated could raise up to $175 billion a year.
The Economix blog takes a look at both sides of
Morgan Stanley borrowed the most in financial crisis
How close to the brink was Morgan Stanley at the height of the financial crisis?
After the crisis had waned, it became somewhat vogue for bank executives to claim that they were never really in danger and that they could have weathered the storm without aggressive aid from the government. But
Standard & Poor's U.S. downgrade dilemma
As the debt crisis muddles on, the big credit rating agencies--mainly Standard & Poor's and Moody's--injected themselves into the debate by making clear that the AAA ratings for U.S. Treasuries were at risk. Both said that a deal to raise the debt ceiling was not necessarily enough to en
Goldman Sachs, Morgan Stanley polar opposites on VAR
Morgan Stanley's average VAR in the second quarter rose to $145 million from $121 million in the first quarter, a 20 percent bump. Meanwhile, Goldman Sachs was moving in the opposite direction, reducing the amount it was willing to risk in the face of global economic uncertainty.
The gilded ba
Too much trading concentrated among top banks
Since the passage of Dodd-Frank, we've heard a lot of debate about whether the problem of "too big to fail" has been solved. No one thinks the problem has been all together erased. Some think the problem is actually getting worse, as top banks are even more dominant.
Here are some arresting fa
Goldman Sachs stops clearing for small accounts
Goldman Sachs ( NYSE: GS ) has stopped providing clearing services for smaller institutional accounts, reports Bloomberg . The firm seems to have raised its threshold for full clearing to accounts that manage more than $5 million from $1 million. The firm handles U.S. clearing through its reg
