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Date: 8-27-2010 Author:CEBS
Visits: 36
CEBS Publishes Final Revised Stress Testing GuidelinesThe Committee of European Banking Supervisors (CEBS) today publishes the final text of its revised Guidelines on stress testing which takes into the account the results of the earlier public consultat...
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Date: 8-8-2010 Author:Grody, Allan D.
Visits: 155
Is Risk Management an Oxymoron? The current state of risk management is as if we sit below a volcano, knowing the probability of the volcano exploding and a decent guess as to the devastation it would cause. But don't we reall...
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Date: 7-25-2010 Author:Triana, Pablo
Visits: 184
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: 172
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: 163
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: 170
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: 137
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: 121
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: 159
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: 156
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: 156
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: 195
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: 190
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: 198
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: 187
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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