Banks look back in anger as FRTB revives 1990s risk test
Institutions bemoan need for parallel framework to measure portfolios’ sensitivities to market moves
For many people who came of age during the 1990s, the period brings back fond memories of things like Nirvana, Friends or Trainspotting. Yet an equally large number of people will point out that certain aspects of the decade – things like Vanilla Ice, Saved By The Bell and Showgirls – are best left in the past.
Many bankers now find themselves firmly in the second category, following the
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