Legacy technology, or ‘technical debt’, is the most-cited framework challenge among global systemically important banks ...

Natalia Naber has joined Wells Fargo to run the bank’s quantitative investment strategies ( QIS) business. Naber joins from ...

The Fed’s latest supervision and regulation report shows about 80% of firms were well-managed as of January 31, shortly after the new LFI regime took effect on January 16. The previous high in the Fed ...

Financial market participants and their surveillance vendors need to step up to tackle market abuse carried out across ...

The European Union pioneered crypto regulation with its Markets in Crypto Assets Regulation (Mica), but it has fallen behind ...

The authors put forward a conceptual framework to mitigate risks associated with generative-AI in enterprise risk management.

Understand the risks, opportunities and methods for enhancing efficiency and accuracy with the integration of GenAI into op ...

US proposals would significantly reduce banks’ capital costs from using their own models to calculate trading risks compared with previous plans, according to an industry study seen by Risk.net.

The European Securities Markets Authority does not require a new competitiveness mandate, a senior official has argued. This ...

Executives at two large clearing banks have joined the chorus of voices complaining about the difficulty of predicting and explaining the outputs of value-at-risk models used by central counterparties ...

Robert DeNault is one of the first people to swipe into the Kalshi headquarters in Manhattan each morning. “It’s easier to ...

Proposed revisions to the way US banks calculate capital requirements for their trading risks conceal a “design flaw” with the potential to provide uncapped capital relief, according to four ...