Nassim Nicholas Taleb
After 16 years as our risk analysis columnist, David Rowe looks back at a recurring challenge
Early warning signs can provide vital clues to firms with ‘feet of clay’
More Nassim Nicholas Taleb articles
Banks should abandon modern portfolio theory as it does not capture unexpected rare events, according to Nassim Nicholas Taleb, author of the risk management book The Black Swan .
This whitepaper reviews the fundamental changes of Liquidity Risk Management under Basel III. It discusses how institutions can meet the regulatory requirements on liquidity risk management by enhancing their liquidity risk analytics, funds transfer pricing methodologies, liquidity stress testing frameworks, and enterprise risk management platforms.