Louie Woodall is the editor of Risk Quantum. He was previously deputy editor for Risk.net's risk management desk, and before that covered equity derivatives and structured products for the derivatives desk.
Louie holds a bachelor’s degree in modern history and politics from the University of London.
CET1 ratio will be “at least” 12% for Q1
IM for futures and options hit $152.3 billion at end-December
Home government exposures up seven percentage points in 2020
Overall equity derivatives notionals at Goldman hit $2.08 trillion at end-2020
US Bancorp, PNC disclosed an increased reliance on short-term wholesale funding over the year
Written options notionals dropped 12% in aggregate
At Credit Suisse, SA-CCR RWAs increased 134%
Few lenders favour Monte Carlo or parametric methodologies
Esma researchers say carbon-intensive funds also pose more of a systemic risk
Twenty lenders lowballed capital requirements
Unsecured funding from outside the financial sector increased 22% to $934.6 billion
Switch to historical simulation approach increases requirement by 71%
JP Morgan to face 4% add-on; Wells Fargo a cut to 1.5%
Surge in non-operating deposits leaves banks with a severe hangover