by Joey Doyle | Apr 11, 2024 | Climate Risk
This blog series explores initial industry research into managing climate risk so that you understand what is at stake for your financial institution (FI), as well as how to get started with measuring and mitigating this emerging source of risk. Read the first post in...
by Regitze Ladekarl, FRM | Apr 8, 2024 | Risk Report
It is true that not everything that went wrong at SVB, Signature Bank, and FirstRepublic Bank can be extrapolated to the rest of the regional bank sector. It is, however, also true that once there is a slight whiff of bank run in the air,every measure taken as a...
by Regitze Ladekarl, FRM | Apr 1, 2024 | Risk Report
We most often think about inflation and its first cousin, interest rate, as a pair of high-pitched teenagers on eternal spring break who could really use a hug and a good night’s sleep to calm a bit down. No? That’s just me? But in some other places in the world, the...
by Regitze Ladekarl, FRM | Mar 25, 2024 | Climate Risk, Risk Report
Team Regulator is taking some hits on the chin right now. A few weeks ago, the SEC adopted the final rules for climate disclosure. These rules have been underway for two years and came out less comprehensive than desired due to a solid pushback from Team Business....
by Joey Doyle | Mar 19, 2024 | Climate Risk
Welcome to a primer on climate risk in the financial industry. This blog series will guide you through some initial industry research into managing climate risk so that you understand what is at stake for your institution and how to get started with measuring and...
by Regitze Ladekarl, FRM | Mar 18, 2024 | Risk Report
I’m sorry, were you waiting to return to the happy days when you could get a 30-year fixed mortgage for less than 4%? Well, you might have to tighten the straps on your patience hat again because Ms. Yellen of the US Treasury said this week that rates will most likely...
by Regitze Ladekarl, FRM | Mar 11, 2024 | Risk Report
Remember last summer when we spent endless days going over Team Regulator’s 1,000-page proposal for new bank rules? Well, after reading the comment section on their post—literally—it seems like Team Regulator wants a redo. On Wednesday, Jerome Powell of the Federal...
by Regitze Ladekarl, FRM | Mar 4, 2024 | Risk Report
We were going to give credit risk and commercial real estate a pass this week, but the news wouldn’t let us. Late Thursday our already troubled friend, New York Community Bancorp (NYCB), said it had discovered “material weaknesses” in how it tracks loan risk. The...
by Regitze Ladekarl, FRM | Feb 26, 2024 | Risk Report
Information about the Chinese financial markets is often fleeting, sparse, and long after the fact. This week, however, Bloomberg brought a piece on a recent Quant Quake, a headline too good to pass up. The piece talks about how Chinese quant hedge funds—hedge funds...
by Regitze Ladekarl, FRM | Feb 19, 2024 | Climate Risk, Risk Report
There is a new paper out that explores the need for a new category of hurricanes to capture those that have winds beyond 192 mph—of which the world has measured five, all in the last decade. The authors of the paper (James Kossin and Michael Wehner) predict that if...
