Risk magazine
Albanese: crushing capital costs
Having tackled FVA, Claudio Albanese is now focused on capital optimisation
Non-bank FCMs unlikely to fill OTC gap
Capital burdens too great, say clearing specialists
In-depth introduction: US extraterritoriality
Confusion over Commodity Futures Trading Commission approach to cross-border supervision
Risk South Africa Rankings 2015: The results
Falling rand and concerns over US rates contribute to difficult year for banks
Q&A: CFTC’s Massad on cross-border conflicts
Regulator seeks to avoid repeat of CCP stand-off for trading rules
Double standards: CFTC margin rules redefine key concepts
When is a US person not a US person? The CFTC has the punchline
Expected delay to non-EU CCP approval risks frontloading panic
Lawyers fear scramble to close out trades
Copycat living wills may see dealers avoid US fines
Banks share law firms in bid to avoid sanctions, say lawyers
Bank rankings 2015: Slaves to the rhythms
Interesting trends have emerged as regulatory change starts to bite
Bank rankings 2015: The results
This year's results highlight interesting changes in the market
FDIC’s Hoenig seen as main threat to banks’ living wills
FDIC vice-chair is “driving this agenda to reject the plans”, says one lawyer
HFT's Treasury market penetration a clear concern
Dominance of opaque shops poses concentration risks
People: Deutsche adds new financial institutions co-head
Celeste Guth joins Deutsche as co-head of the financial institutions group; UBS shakes up US rates; Wetjen heads to DTCC
The benefit of a dynamic approach in making hedging decisions
Sponsored feature: Commerzbank
Agile, shared growth approach to managing risk in the current volatile market
Sponsored feature: Absa Corporate and Investment Banking
Confusion reigns over Mifid transparency in forex
Banks could still be forced to disclose quotes under Mifir despite Mifid reprieve
Chicago Fed official calls out CFTC, SEC over HFT regulation
“You cannot have 80% of the market being just HFT,” says Ranjan
Cutting edge introduction: Expanding collateral options
Two RBC quants propose a way to value CSAs with more than two currency posting options
The fast and the furious: HFT in US Treasury markets
Dealers: we're 'sitting ducks' in Treasury market overrun by HFTs
Expected shortfall’s silver lining
Despite continuing to insist that replacing value-at-risk with expected shortfall in the Basel Capital accord is wrongheaded and potentially dangerous, David Rowe argues that the shift may have an important silver lining
A non-linear PDE for XVA by forward Monte Carlo
Vladimir Piterbarg considers a non-linear partial differentiation equation that appears in a number of XVA-related contexts, including a one-way credit-support annex, credit value adjustment with risky closeout, option pricing with differential borrowing…
Fed’s Dudley: liquidity warnings a ploy to weaken regulation
“Most arbitrage trading has simply ceased,” Goldman exec counters
Collateral option valuation made easy
Vladimir Sankovich and Qinghua Zhu develop a method to value cheapest-to-deliver option embedded in CSAs
Chinese corporate hedging costs soar after PBoC forex clampdown
New rule leads to 400bp price hikes as companies hedge renminbi fall