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.
Top banks take combined €207 million hit from valuation adjustments
Spanish lender targets 225-275bp CET1 management buffer
Derivatives valuation adjustment impact pushes trading profits down 49%
Annual growth rate of debt issued by non-bank borrowers averages 11%
Funds long 325 million barrels on April 21
Huntington, Citizens, Truist saw provisions increase over 400% on Q4 2019
Loss reserves up to almost 10% of total exposure
Activation of credit lines and guarantees could cause exposures to leap 26%
But credit and funding valuation adjustments deducted $492 million from other income
JP Morgan took a $8.3 billion provision, the most of the eight G-Sibs