Amex Bank Builds Risk-Management To Support Derivatives Expansion

BANKS

American Express Bank is installing a global risk management system and a global database for its derivatives operation as a prelude to an expansion in derivatives and foreign exchange, including a true global book in options, according to global treasurer Ian Jardine. He says the bank wants to ensure it has all the necessary infrastructure in place before it steps up activity.

For the past six months, Amex Bank has been working with the Coopers and Lybrand accounting firm in New York to

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: