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Date: 7-25-2010 Author:Triana, Pablo
Visits: 49
Correlations that You can Trust It is beyond doubt that the past crisis-laden few years have not been good for the concept of statistical correlation when it comes to financial markets.Simply stated, what was supposed to be co...
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Date: 7-22-2010 Author:O'hara, Neil A.
Visits: 48
The Greater Fool Theory: Managing and Modeling RiskThe most dramatic financial meltdown since the Great Depression occurred despite recent advances in risk management techniques. Because of a fervent but unfounded belief in some quarters that VaR (val...
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Date: 7-21-2010 Author:Nixon, Simon
Visits: 51
The Fear of Stress-Test Failure What is the definition of a failed stress-test exercise? If you're an investment banker, the answer is simple: one that doesn't lead to any lucrative mandates to raise bank equity.On that basis,...
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Date: 7-17-2010 Author:Basel Committee
Visits: 78
Basel Releases Consultative Document on Countercyclical Capital Buffer ProposalThis consultative document is structured as follows: Section 1 describes the primary objective of the proposed buffer and presents a short overview of how it would operate in practice. Section 2...
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Date: 7-13-2010 Author:Smith, Geoffrey T.
Visits: 75
ECOFIN: Stress Tests, Euro Reform, Regulators On Agenda MondayBank stress tests, new supervisory bodies for financial services and the first formal suggestions on how to improve the governance of the euro zone will all be on the agenda as European Union finance ...
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Date: 7-8-2010 Author:Kaminska, Izabella
Visits: 78
CEBS' Statement on Key Features of the Extended EU-Wide Stress TestThe objective of the extended stress test exercise is to assess the overall resilience of the EU banking sector and the banks’ ability to absorb further possible shocks on credit and market risk...
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Date: 7-8-2010 Author:Kennedy, Simon
Visits: 90
Goldman upgraded for 'best in class' risk managementLONDON (MarketWatch) -- The way Goldman Sachs measures risk and allocates capital should be seen as a model for other investment banks, according to analysts at J.P. Morgan.Upgrading Goldman to overwe...
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Date: 7-1-2010 Author:Gane, Dominic
Visits: 96
Risk concerns top agenda85% of respondent’s pension fund boards had raised risk management as an agenda item in the last six to nine months. The result of this was that several funds made adjustments to their risk mana...
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Date: 6-29-2010 Author:Crouch, Dennis
Visits: 112
Bilski v. KapposThe Supreme Court has issued its opinion in Bilski v. Kappos. In the decision, the Supreme Court affirmed that Bilski’s risk-management method was not the type of innovation that may be pat...
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Date: 6-23-2010 Author:Riordan, Ray
Visits: 145
On Risk Management, Creating the Risk Intelligent EnterpriseFrederick Funston and Stephen Wagner argue in their new book, Surviving and Thriving in Uncertainty, that the current understanding of risk management is limited. Commonly understood, risk management ...
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Date: 6-23-2010 Author:Lopez, Jose A.
Visits: 137
Challenges in Economic Capital ModelingFinancial institutions are increasingly using economic capital models to help determine the amount of capital they need to absorb unexpected losses. These models typically aggregate capital based on b...
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Date: 6-19-2010 Author:Basel Committee
Visits: 153
Adjustments to the Basel II market risk framework announced by the Basel CommitteeThe Basel Committee on Banking Supervision has agreed on certain adjustments to the document Revisions to the Basel II market risk framework(the market risk revisions). This revised market risk f...
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Date: 6-14-2010 Author:Large, Andrew
Visits: 138
How to implement a systemic risk policyThe post-crisis debate has generated many initiatives to reduce systemic risk: higher capital and liquidity ratios; restraints on bankers’ pay; and splitting banks. But these will not in themsel...
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Date: 6-14-2010 Author:Comlay, Elinor
Visits: 129
Group proposes chief risk officer for markets (Reuters) - A systemic risk regulator should act as the chief risk officer responsible for overall U.S. financial markets, according to a survey published by a financial markets trade associatio...
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Date: 6-11-2010 Author:Masters, Brooke
Visits: 110
FSA head of risk quitsThe Financial Services Authority, already under threat of reorganisation from the new coalition government, is losing its top female staff member, as Sally Dewar announced that she will step down...
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