Risk Books
How Europe can fix the Basel IRRBB standards
Building an outlier test for interest income would be better than the standardised EVE approach
How will banks suffer large op risk losses in the future?
Eight interlocking trends mean more multi-billion-dollar losses to come
Why did the crisis cause such large op risk losses?
Huge losses from the 2008 crisis can be seen as a short option position
Dependence on collateral raises vital research questions
Areas of focus should include collateral supply, reuse and circulation
CCAR as a powerful business and risk management tool
Firms should use stress testing to challenge assumptions
XVAs: a gap between theory and practice
Hull and White see splits on FVA, MVA, KVA as irreconcilable
Network theory takes root in post-crisis financial markets
Developments since 2008 open up exciting possibilities, says Kimmo Soramäki
Firms fail to unlock benefits of key risk indicators
Risk culture and data problems have besieged KRI programmes, say authors of new book
Liquidity stress test regime needs attention, say central bankers
DNB experts recommend improved market-wide and bank-specific liquidity stress tests
Video: Enron 'best' and 'lowest' career moment, says Kaminski
Former research head gives wide-ranging interview on past and present of energy markets
Long/short return calculations can ignore effect of leverage
Net exposure should be smaller than long exposure, not larger, says academic
Approaches to reputation risk vary around the world – survey
Studies find wide spread of management methods
Risk Books: Risk Culture and Effective Risk Governance
Patricia Jackson discusses her new book and the different factors that influence an effective risk culture.
Book extract: Energy Markets by Vince Kaminski
Vincent Kaminski’s new book Energy Markets, published by Incisive Media, will be released on January 18 and is now available for pre-order. Below is an edited extract of the author’s introduction in which he explains the content and philosophy of the…
Comment: Mario Draghi, governor of the Bank of Italy
Incoming president of the European Central Bank warns against pressure to water down regulatory reform, in this edited version of a foreward to a new Risk book