Asset-liability management (ALM) has always been a core element of banks’ operating behaviours. Now, however, it is ...

The authors propose a nonparametric method for estimating extreme quantiles of operational risk reserves by utilizing a lower ...

Credit providers to US hedge funds sharply hiked collateral coverage for their largest clients in the first quarter, as industry-wide borrowing reached the highest level in at least 12 years.

Trading strategies generated by large language models (LLMs) are surprisingly effective but could introduce new systemic risks to financial markets, according to an academic study that was presented ...