This article explores the research behind a recent Risk Live Europe session, examining the strengths and limitations of LLMs ...

The US Securities and Exchange Commission has simplified its original proposals for the biggest overhaul of equity market structure since 2005, in a move that one commissioner believes can help ...

Officials merge credit databases with unstructured reports to sharpen bank oversight, explains Banco de España ex-deputy ...

Eurex Clearing’s peak hypothetical stress loss rose 24% to €4.6 billion ($5.1 billion) in the event of one of its members and ...

China’s interbank foreign exchange platform is planning to add new execution functionalities for Chinese banks participating ...

Banks in the European Union fear regulators will abandon a temporary relief applied to liquidity rules on repo assets. This ...

The numbers were certainly attention-grabbing. On September 10, US Federal Reserve vice-chairman Michael Barr pledged wide-ranging changes to the Basel III endgame proposal released in July 2023, ...

In the days after the upcoming US president election on November 5, financial professionals will be watching credit rating ...

The merger, formally completed on June 2, contributed to a 35.6% increase in bilateral positions, which rose to $15.7 billion at end-quarter. At the same time, notionals cleared through central ...

Pimco’s Ucits business notched up more interest rate swap trades in the second half of 2023 than all other top managers ...

Backtesting financial models over long horizons inevitably leads to overlapping returns, giving rise to correlated samples. In this paper Nikolai Nowaczyk and Vladimir Piterbarg propose a new method ...

The size, sophistication and popularity of the managed services market have grown appreciably in recent years, even though ...