Daniel Kahneman, a psychologist at Princeton University, and Vernon Smith, an economist at George Mason University in Virginia, will share this year’s Nobel Prize for Economics. Both have done pioneering...
Insurance Risk and BNY Mellon have conducted a survey to look at how insurance companies are preparing for the new regime and the opportunities and challenges that the changes will bring.
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Job cuts continued apace throughout the US energy trading sector in August, as companies reacted to credit and liquidity issues by slashing the size of their trading operations. Cuts were announced by energy firms Williams and Reliant Resources, and Aquila...
BASEL, SWITZERLAND - Global banking regulators have removed the operational risk capital floor previously proposed under the Basel II capital accord to give banks flexibility in developing op risk management systems.
Asian credit is set to recover by the end of the year, as domestic investors regain confidence and return to the region, according to ING Barings’ analysts, speaking at a press conference in Hong Kong today. Asian credit spreads have widened sharply...
This paper discusses a number of diverse considerations that risk managers need to incorporate into their thought processes and recurring procedures if they are to fulfill their role more effectively in the future
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