UniCredit incurred seven value-at-risk backtesting breaches in 2024, the highest tally among European banks, as market volatility repeatedly caught dealers off-guard.

The success of DeepSeek, the Chinese artificial intelligence firm whose smash-hit large language model was built at a fraction of the cost of its big-tech rivals, is prompting some banks to take a ...

AI has revolutionised risk management in finance, introducing ground-breaking approaches to identify and mitigate risks. This ...

Lack of offsetting in GAAP presentation leads BNY and Northern Trust to report paying double- or triple-digit rates on fed funds, repos ...

The Options Clearing Corporation and CME Clearing’s futures and options division revised upwards their estimates of the ...

In algorithmic trading, government bonds have been the poor cousin to asset classes such as foreign exchange and equities. As recently as 2022, none of the largest dealers offered client execution ...

Farther reach of advanced approach and lighter load on total requirements mean limited takeaways from Canada and Japan’s implementation ...

Snowball structured product issuance has been creeping up in China as existing products have expired or been knocked out during this year’s A-share market rally, but overall volumes remain subdued ...

Risk.net, FX Markets.com, WatersTechnology.com, Central Banking.com, PostOnline.co.uk, InsuranceAge.co.uk, RiskTechForum.com and Chartis-Research.com. Risks associated with change management – the ...

Indonesia’s new central counterparty (CCP) for foreign exchange derivatives is to seek recognition from regulators in three ...

A nightclub’s new look is supposed to excite revellers tired of the same old atmosphere. But the global revamp of an ...

US corporates are having a hard time responding to increased currency volatility as internal restrictions around hedging ...