London Whale
Boaz versus BlackRock: the fight over closed-end funds
Saba founder says he never planned to be an activist investor. Now he’s battling BlackRock – again
JP Morgan’s CRO on the bank’s six buckets of risk
Risk30: From loan losses to electromagnetic pulses, JPMorgan Chase has a place for it
Hidden benefits of the Fed’s model validation push
Incidents such as the London Whale losses show an overhaul of model validation should be welcomed, not maligned
Living wills and LVAR could help kill liquidity risk
When used with living wills, a new method may help banks quantify liquidation costs
Risk management for whales
Rama Cont and Lakshithe Wagalath introduce a liquidation-adjusted VAR
CCPs urged to implement liquidity risk charge
Quant Congress USA: liquidity charge might have exposed London Whale, academic claims
Lifetime achievement award: Andrew Feldstein
Risk Awards 2015: BlueMountain founder is at the centre of a changing market
US appeals court ruling on Citi settlement ‘too late’
Overturning judge's rejection of Citi settlement won't have much impact
JP Morgan finally paying cost for unethical behaviour, expert warns
JP Morgan's fourth-quarter loss highlights reputational impact of scandals
Another $100m fine for JP Morgan over London Whale market manipulation
Attempts to "defend" CDS positions broke the law, CFTC rules
"London Whale" will testify against colleagues
Criminal and civil charges against JP Morgan traders show Iksil will co-operate with prosecutors
Cultural failures at JP Morgan, Barclays and HBOS
Crisis of over-confidence
People: RBS loses global head of FIG
William Fall leaves FIG role at RBS; Deutsche hires London Whale quant; two new directors join Isda board; new clearing role for Wilson at Newedge; Byres to take top job at Apra
London Whale quant now working for Deutsche
Former top quant at JP Morgan's CIO, Patrick Hagan, now consulting on pricing models at Deutsche Bank
JP Morgan manipulated VAR and CRM models at London whale unit - Senate report
Trading book capital measures were at heart of efforts to free up traders and reduce capital
Another RWA, another dollar: Capital pressures prompt questions over pay
Basel III is forcing banks around the world to reduce their risk-weighted asset numbers. Some have set up specific teams to do so, but how will these traders fit into a remuneration system that focuses on revenue generation? By Michael Watt
Review of 2012: Basel III starts to bite
Basel III starts to bite
JP Morgan and the CRM: How Basel 2.5 beached the London Whale
It’s the untold story of JP Morgan’s credit trading losses – how traders were able to reduce risk-weighted assets while loading up on risk, and the part played by Basel 2.5. Michael Watt reports
Beware attempts to reduce tail-risk hedge costs, says Rattray
The cost of systematic tail-risk hedging strategies may be high, but market participants should be wary of trying to reduce the costs by adding discretionary positions, says Vix co-inventor