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Tag Archive: BNP Paribas


RISK is a four letter word and been fancied these days. Everyone knows about risk and every firm is accompanied bloghas best process, best standards, best people till the time an incident or big impact is not been made.

The recent example of fine imposed by the US authorities on various Investment banks like BNP PARIBAS SA, BANK OF AMERICA, RBS, HSBC, STAN CHARTED, ING, J.P. MORGAN are some of the examples of the above. Corporate are heavily investing in the compliance and in the risk management department but they forget to invest on the employees.

Risk management has become a key function in almost every large company, but all too frequently it makes an organization so risk-averse that initiative and innovation become paralyzed.  Continue reading

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European Commission regulators say that 13 investment banks, the International Swaps and Derivatives Association (Isda) and Markit imagesbreached antitrust rules by colluding to prevent exchanges from entering the credit derivatives business.

The formal European Commission charge-sheet, running to almost 400 pages, alleges collusion to ensure the insurance-like contracts remained an “over-the-counter” (OTC) product – preserving the banks’ lucrative role as middlemen.

Between 2006 and 2009, Deutsche Börse and the Chicago Mercantile Exchange tried to enter the credit derivatives business, turning to the Isda and Markit to obtain necessary licenses for data and index benchmarks. Continue reading

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