The authors investigate the relationship between bankers' risk-taking and bonus caps, finding negligible evidence that bonus caps reduce risk taking at the ...

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 ...

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 ...

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 ...

Earlier this year, credit traders hoped a new credit default swap (CDS) index would help them hedge their exposure to North ...

Hüseyin Öcal possesses nineteen years of diverse non-academic experience, including thirteen years in the financial sector (such as banking) and six years in non-financial sectors (including textiles ...

Agricultural Bank of China’s (ABC) market risk-weighted assets (RWAs) jumped by 42.4% in the third quarter to their highest level since at least 2012. The Chinese megabank reported 260.3 billion yuan ...

This study aims to provide empirical insight into the efficiency of major pure-play internet banks in South Korea, Japan and China (that is, KakaoBank, K Bank, Sony Bank, Jibun Bank andWeBank).We ...

The founder of Anacapa Advisors, Phil Pecsok, says his firm’s short volatility strategy is as straightforward as selling car insurance, albeit with a much higher turnover. Systematic options selling ...