Balance Sheet: Volume 8 Issue 1

Risk management: the way forward

Reports that banks have to implement additional risk management techniques owing to the failure of existing models to prevent losses that occurred as a result of financial…

Modelling for the future

Discusses business risk modelling and how it has changed from its earlier days and its, then, less complexity. Looks at the concept of value‐at‐risk (VAR) and develops its impact…

How good are banks at managing business risk?

States that information and help on managing business risk was sought by the Financial and Management Accounting Committee of the International Federation of Accountants (IFAC)…

The Robert Walters salary survey

Examines the severe shortage of skilled professionals and looks at how business is suffering regarding global risk management remuneration. Looks at how until very recently, risk…

CSA in a financial services organisation

Provides an outline to the author's approach to CSA and the approach for unorganization to achieve success with “soft issues”, such as its nature and culture. States that early…

Credit derivatives: where will they go from here?

Describes credit derivatives (CDs) and the beginning and meaning of this market with strengths and weaknesses. Wonders who should care most about CDs and gives the following…

The use of derivatives by insurance companies

Explains that derivatives sellers see insurance companies, because of their representation of some of the biggest financial groups, as a prime target worldwide. Goes on to show…

Getting risk managers to the top table

Discusses how risk managers can improve style and methods of their techniques. Sets out perspectives based on the author’s experiences as a director of Barclays Group and shows…

Creating wealth from thin air

Posits that the entire financial future of the world, owing to financial instruments, will change – to the benefit of society. States that the arrival of derivatives poses three…

Learning to take control

Risk: making an issue of control

The crisis to come