Boards may care more about products and profits than governance, risk and compliance (GRC). But without an effective GRC programme, the fun soon stops when trouble calls, says Michael Gibbs, chief executive of SureStep Risk + Analytics
The Fed is split on whether to apply a countercyclical buffer. But so is everyone else
Some US regulators want to hike capital while times are good; banks say Fed’s stress test already does
UK banks are reaping higher capital savings through the BoE's leverage measure
A panel of experts explores how greater collaboration between risk and finance teams can garner significant benefits and add value, how technological innovation is making the regulatory landscape more complicated to navigate and produce transformative…
Market feedback loops have a signature that can be spotted and monetised, new fund SIMAG says
Analysis finds bubble signals in bitcoin and ether, write trio of quant risk managers
Stock market bubbles have seldom burst, says Yale economist
Banks should carry extra capital to combat distortive effects of price bubbles, says academic
The purpose of this paper is to review the literature on asset price bubbles to study the impact that the existence of bubbles has on standard risk management methodologies.
Asset price bubbles and the quantification of credit risk capital with sensitivity analysis, empirical implementation and an application to stress testing
This paper presents an analysis of the impact of asset price bubbles on standard credit risk measures.
Crisis analysis model suggests rates and credit markets see danger
After a few years of irrational exuberance, US oil drillers are feeling the pain
Attendees at ACT conference raise concerns about increased lending costs after Bank of England’s Tucker argues for powers to raise sectoral capital levels
Systemic risk committee at the Bank of England calls for power to use tools - such as liquidity and leverage ratios, and margin standards - to influence systemic risk
"Massive" shale production unsustainable at current prices; Gazprom has no plans to invest
Nomura chief economist Richard Koo warns the US and European economies face double-dip recession and a prolonged period of economic stagnation if stimulus is cut too soon.