Articles by Risk.net staff
Quant Finance Master’s Guide 2023
Risk.net’s guide to the world’s leading quant master’s programmes, with the top 25 schools ranked
Top 10 operational risks for 2023
The biggest op risks for the year ahead, as chosen by senior industry practitioners
Risk.net’s top 10 investment risks for 2023
Geopolitical frictions, sticky inflation and a hard landing are among the hazards cited by investors
People: Credit Suisse’s FX revamp; Barclays hires co-heads; and more
Latest job changes across the industry
Lifetime achievement award: Stephen Kealhofer
Risk Awards 2023: KMV co-founder helped usher in a new era of credit risk analysis – at banks and investors
Risk solutions house of the year: BNP Paribas
Risk Awards 2023: Liquidity swaps provided safety net for European utilities at height of energy crisis
Derivatives house of the year: BNP Paribas
Risk Awards 2023: Betting on an equities expansion and rates re-org delivers early win for global markets
OTC trading platform of the year: Tradeweb
Risk Awards 2023: Traders prized the platform’s convenience and flexibility during last year’s market turbulence
Risk Awards 2023: The winners
BNP Paribas takes top derivatives prize, lifetime award for Stephen Kealhofer, Nomura wins rates
Clearing house of the year: LCH
Risk Awards 2023: A member default and a spike in UK rates were handled with aplomb, while cleared volumes rose
Quant of the year: Pierre Henry-Labordère
Risk Awards 2023: Two-time award-winner impresses for his whizzy alternative to local volatility model
Rising star in quantitative finance: Sigurd Emil Rømer
Risk Awards 2023: Doctoral dissertation outlines more efficient way to simulate rough volatility models
Structured products house of the year: JP Morgan
Risk Awards 2023: Tech investment propels fixed income expansion and back-to-back autocall hedges
Bank risk manager of the year: Natixis
Risk Awards 2023: Revised risk management framework and front-office collaboration help bank withstand 2022 volatility surge
Sovereign risk manager of the year: Ukraine’s Ministry of Finance
Risk Awards 2023: War bonds programme and debt payment freeze raise $11.6 billion to fund defence against Russia
Interest rate derivatives house of the year: Nomura
Risk Awards 2023: Contrarian stance on rates volatility helped Nomura hoover up euro swaptions business when inflation sentiment shifted
Credit derivatives house of the year: Barclays
Risk Awards 2023: Attention to detail set bank apart from competition during volatile year
Exchange of the year: CME Group
Risk Awards 2023: Group puts US Libor transition back on track with tens of millions in fee waivers
Quant investment firm of the year: Aspect Capital
Risk Awards 2023: Asset manager’s bullishness about bear markets pays off
Hedge fund of the year: Citadel
Risk Awards 2023: “Intense” risk management produced returns that appear “almost impossible”
Law firm of the year: Allen & Overy
Risk Awards 2023: A&O helps guide CDS market through multi-billion-dollar Russia default
Currency derivatives house of the year: BNP Paribas
Risk Awards 2023: Paris-based bank profits from dollar/offshore renminbi volatility
Inflation derivatives house of the year: Citi
Risk Awards 2023: Dynamic risk limits and long-dated bonds help Citi supersize client trades and boost inflation business
Derivatives client clearer of the year: BNP Paribas
Risk Awards 2023: When gas prices spiked, French bank provided much-needed credit to clients hit by jumbo margin calls