The authors investigate the relationship between bankers' risk-taking and bonus caps, finding negligible evidence that bonus caps reduce risk taking at the ...
Earlier this year, credit traders hoped a new credit default swap (CDS) index would help them hedge their exposure to North ...
One of the most important direct effects was the entry of a number of new operators into the market, which thus increased competition in the generation and supply of gas and electricity, giving ...
Esa Jokivuolle is a head of research in the Monetary policy and research department at the Bank of Finland. His research has focused on risk management and bank regulation. He is a member of the ...
Morgan Stanley’s capital requirements for credit valuation adjustment (CVA) risk skyrocketed 42% in the third quarter, driven overwhelmingly by charges computed under the simple approach, where the ...
BlackRock’s foreign exchange trading head has backed the development of an all-to-all venue for FX swaps to improve price ...
In the world of high-frequency trading, nanoseconds gained in trade execution can mean the difference between success and ...
Broader collateral set and greater margin transparency could be adopted from Emir 3.0, but not active accounts requirement ...
Bank of America is looking to build a trading business focused on US synthetic risk transfer (SRT) deals, according to six ...
BNP Paribas has been taking the fight against clients abusing their pricing skews to a new level, putting out a mix of real ...
The US Federal Reserve’s vice-chair for supervision Michael Barr has defended his efforts to dilute the capital impact of a flagship new bank regulation package. He promised to work with incoming ...
Financial services firms are increasingly moving pricing and reference data to the cloud to streamline operations, reduce ...