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

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

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 ...

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 ...