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News

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06/Jan/2009 First deadline tomorrow for liquidity risk action to strengthen standards in the UK post credit crunch crisis
JWG-IT Group urges mobilisation of global liquidity risk change programmes for banks now London – 5 January 2009.  The UK’s views on how the banking system will change in 2009 is hardening fast.  more >>
Source: JWG-IT
 
06/Jan/2009 The Bank of New York Mellon`s Pershing Unit Releases New Study for Hedge Funds Focusing on Best Practices for Managing Counterparty Risk and Relationships
Pershing LLC is a leading global provider of financial business solutions to more than 1,150 institutional and retail financial organizations and independent registered investment advisors who collectively represent over five million active investors. more >>
Source: Pershing LLC
 
06/Jan/2009 FSA Proposes to Extend Short Selling Disclosure Regime
The Financial Services Authority (FSA) is yesterday proposing to extend its temporary disclosure regime for significant net short positions in the stocks of UK financial sector companies until 30 June 2009.  more >>
Source: riskcenter.com
 
05/Jan/2009 UK, Credit Conditions Survey
As part of its mission to maintain monetary stability and financial stability, the Bank of England needs to understand trends and developments in credit conditions. more >>
Source: riskcenter.com
 
05/Jan/2009 Energy Risk - The Wish List
President-elect Obama and his family seem to be pretty well rested after having spent the Christmas holiday season vacationing in Honolulu where he was raised. It's a good thing because in 19 days he'll be inundated with the world's problems. more >>
Source: riskcenter.com
 
02/Jan/2009 Macho Risk-Taking Culture at the Heart of the Financial Crisis, says Business Executives
  The ‘macho’ culture and male-dominated working environment in many City firms caused excessive risk to be taken and lies at the heart of the financial crisis, according to research by The Aziz Corporation, the UK’s leading independent executive leadership and development consultancy. more >>
Source: The Aziz Corporation
 
02/Jan/2009 Nordea extends SimCorp Dimension licence agreement
One of the leading financial services group in the Nordic and Baltic Sea region, Nordea Asset Management & Life, has entered into a strategic agreement with SimCorp extending its extends its licence agreement over the coming years. more >>
Source: SimCorp
 
02/Jan/2009 More Energy Companies Are Tying Executive Pay to Performance
According to a new survey by BDO Seidman 49 percent of chief financial officers (CFOs) at U.S. oil and gas exploration and production companies say their companies’ executive compensation programs are now more closely tied to performance than they were before new proxy disclosure rules became effective more >>
Source: riskcenter.com
 
02/Jan/2009 US Congressionally Mandated Study Says Improve, Do Not Suspend, Fair Value Accounting Standards
The Securities and Exchange Commission yesterday delivered a report to Congress mandated by the Emergency Economic Stabilization Act of 2008 that recommends against the suspension of fair value accounting standards.  more >>
Source: riskcenter.com
 
29/Dec/2008 US Long-term Rates Fall for Eight Consecutive Week Setting Another New Low
Freddie Mac (NYSE:FRE) last week released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 5.14 percent with an average 0.8 point for the week ending December 24, 2008, downfrom last week when it averaged 5.19 percent.  more >>
Source: riskcenter.com
 
 
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