A bank can also use AI to forecast expectations of demand. For example, if a corporate or asset manager client tends to trade ...

Op Risk Benchmarking: firms grapple with “chaos” of third-party rule changes, amid growing recognition of cyber and resilience threats ...

JP Morgan incurred two value-at-risk backtesting breaches in the first quarter – a volatile three months that saw the bank’s loss-potential gauge hit its highest in three years.

Hedge funds are stepping back into euro rates steepener trades after taking profits during April’s tariff-driven turbulence, betting that the gap between short- and long-term swap rates will continue ...

Global trade tensions have turned the normally benign Hong Kong dollar into a treacherous currency to trade, with wild spot ...

It’s a source of frustration to members of the European Parliament (MEPs), who say the time is coming for the European ...

The market volatility that followed US President Donald Trump’s back-and-forth tariff announcements has had financial ...

High-profile hacks are a clear and present danger, undermining business confidence as well as operability. For the financial ...

Foreign speculators, carry unwinds and central bank inaction fuelled the 10% move, not just life insurers, say traders ...

Wells Fargo’s decision to tilt its foreign exchange business towards institutional buy-side clients is paying off, with the ...

The Bank of England plans to combine its newly designed system-wide stress test with traditional firm-level stress tests into ...

The losses, which a senior rates trader at a European bank estimates at more than $1 billion across banks and hedge funds, came from forced unwinds of leveraged linear and options-based bets on Bank ...