Buyers of credit protection on Swedish debt collector Intrum will see a 24% payout on their derivatives contracts after a default auction earlier today (January 16), largely in line with the secondary ...

Foreign exchange activity in the wake of South Korea’s political crisis indicates recent reforms aimed at bringing more Korean won trading onshore and away from the offshore non-deliverable forward ...

BNY has appointed Shuo Wu as global head of electronic foreign exchange trading and strategy. Wu joins BNY in London and will report to Jordan Barnett, global head of FX trading and product, while ...

This study will explore the challenges that banks in APAC face in enhancing operational resilience and how they plan to leverage data and hybrid cloud in building operational resilience.

The European Union’s banking watchdog is preparing to release an opinion document explaining how supervisors should address ...

In the 12 months leading up to end-June 2024, Deutsche Bank’s non-performing commercial real estate loans rose by €2.4 billion ($2.4 billion), making it the European Union’s worst-affected lender as ...

Machine learning expert Joseph Simonian has taken on a new role at the California Public Employees’ Retirement System ...

With shifting market dynamics and digital innovation increasing energy trading volumes and complexity, a recent Energy Risk ...

In the third quarter of 2024, the Options Clearing Corporation estimated that the worst-case default of a single member would ...

One senior reporting expert at a US bank estimates that meeting the requirement costs at least $1 million a year due to the ...

Credit default swap (CDS) contracts referencing embattled Swedish debt collector Intrum face an uncertain payout from Thursday’s (January 16) default auction, as the derivatives market mechanism ...

Stefano Iabichino introduces the application of stochastic optimal control to a bank’s net interest rate income. In his study, he delineates the optimal fund transfer policy, identifies the optimal ...