Banking Times: Daily Banking News (Free subscription) | 26/11/2008
David Benson has been named by Nomura Holdings, Inc. as the firm’s new chief risk officer, and senior MD. As chief risk officer, Benson will become responsible for the worldwide management of Nomura’s risk profile. In this role he will be tasked with working in collaboration with heads of business and regional chiefs to ensure that the [...]
Banking Business Review (Free subscription) | 26/11/2008
Nomura Holdings, a securities and investment banking firm in Japan, has appointed David Benson as its new chief risk officer and senior managing director.
Business Wire (Free subscription) | 20/11/2008
ZURICH, Switzerland--(BUSINESS WIRE)--ACE Limited (NYSE:ACE) announced today that Sean Ringsted has been appointed Chief Risk Officer for the ACE Group of Companies. In this role, which will be in addition to his
A.E. Feldman Blog (Free subscription) | 19/11/2008
Fortune 1000 companies plan to invest more in risk management in 2009 as experts anticipate new laws and regulations aimed at improving corporate risk management oversight. That’s according to the results of a recent survey conducted by OpenPages. Meanwhile, companies continue to shore up their risk management teams to better manage risk and strengthen internal [...]
The Baseline Scenario (Free subscription) | 16/11/2008
One of our readers recommended the Congressional testimony by Andrew Lo during last Thursday’s session on hedge funds. Lo is not only a professor at the MIT Sloan School of Management, but the Chief Scientific Officer of an asset management firm that manages, among other things, several hedge funds. He discusses a topic - systemic [...]
bobvis (Free subscription) | 08/11/2008
Nice . The Federal Reserve Bank of New York has hired the former chief risk officer of Bear Stearns Cos , Michael Alix, to advise on bank supervision, according to a release in the Fed's Web site. Alix will serve as a senior advisor to William Rutledge in the Bank Supervision Group and his appointment is effective Nov. 3, according to the release dated Oct. 31 At Bear Stearns,...
BloggingStocks (Free subscription) | 05/11/2008
Filed under: Bear Stearns Cos (BSC) Here's a scary bit of news: the Federal Reserve Bank of New York has hired (subscription required) Michael Alix as a senior vice president in the Bank Supervision Group. His qualification? He was Bear's chief risk officer from 2006 until 2008 when the firm imploded -- due to too much risk. That disaster led to a taxpayer funded emergency...
Banking Times: Daily Banking News (Free subscription) | 04/11/2008
Investment bank UBS has announced the appointment of Philip Lofts as the new group chief risk officer with immediate effect. Lofts is also given a seat on the Group Executive Board and replaces Joseph Scoby who returns to his prior post as global head of Alternative and Quantitative Investments (A&Q). Lofts has a plethora of experience with [...]
The Daily Caveat (Free subscription) | 06/11/2008
The recent appointment of Michael Alix to a key post has ruffled more than a few feathers in the investor community. Alix was formerly the chief risk officer from 2006 to 2008 and global head of credit risk management from 1996 to 2006 for the now defunct house, Bear Stearns. -- MDT
The Huffington Post (Free subscription) | 06/11/2008
The former chief risk officer at investment bank Bear Stearns , which nearly collapsed in March, is now a senior official of the Federal Reserve division that supervises U.S. banks. Michael Alix, who worked at Bear Stearns for 12 years and was its senior risk manager since 2006, was named a senior vice president in the bank supervision group of the Federal Reserve Bank of...
SimoleonSense (Free subscription) | 05/11/2008
Does it really make sense for the Fed to hire the chief risk officer of Bear Stearns to help supervise banks. Perhaps by employing some of the people that created this mess we will get out of it, or will we? (click here to skip the introduction and read about the Feds decision to partner [...]
Banking Business Review (Free subscription) | 04/11/2008
UBS has appointed Philip Lofts as its group chief risk officer and a member of the group executive board.
Moon of Alabama (Free subscription) | 05/11/2008
NEW YORK, Nov 5 (RBN and agencies) - The Federal Reserve Bank of New York has hired the former chief risk officer of Bear Stearns Cos, Michael Alix, to advise on bank supervision, according to a release in the Fed's...
Risk Moment RES (Free subscription) | 05/11/2008
http://dealbook.blogs.nytimes.com/2008/11/05/former-bear-stearns-risk-manager-turns-up-at-fed/ Former Bear Stearns Risk Manager Turns Up at Fed NOVEMBER 5, 2008, 7:26 AM The former chief risk officer at investment bank Bear Stearns , which nearly collapsed in March, is now a senior official of the Federal Reserve division that supervises U.S. banks. Michael Alix,...
USA Today (Free subscription) | 04/11/2008
The New York Fed has hired the former "chief risk officer" of fallen investment giant Bear Stearns as a top bank regulation adviser, ...
