Lloyds TSB has selected the Reveleus Basel II solution to meet the capital adequacy requirements as prescribed in the Basel II Accord. The solution’s implementation will bring policies and methodologies into accordance with the standards outlined by the Financial Services Authority. Reveleus Basel II Solution’s calculation engine is designed to ease the complexity of adopting the internal ratings based approach for credit risk. The solution will integrate multi-jurisdictional data from the securitisation team and apply capital adequacy calculations which will roll into Lloyds TSB’s corporate Basel II framework.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.