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 ...

Tidal Investments, which offers option-based yield-generating ETFs popular with retail day traders, accounted for half of the total notional traded by ETFs and mutual funds in Q1, according to data ...

Federal Reserve governor Michael Barr, a former vice-chair for supervision, has warned against weakening the central bank’s supervisory framework. Changes to its annual stress tests may “ossify” what ...

US mutual funds and exchange-traded funds went into April’s tariff turmoil holding the highest net long US dollar position in ...

Large US banks’ contributions to the default funds of central counterparties (CCPs) ballooned over the 18 months to March 31, ending the first quarter at a record $90.4 billion.

Buyout pricing used to be largely based on an insurer’s ability to invest the assets it receives from pension funds into higher-yielding corporate bonds to meet the fund’s long-term liabilities.