In an influential 2011 paper, Christoph Burgard and Mats Kjaer showed how a bank can hedge its funding risk by dynamically shorting its own bonds. As this is technically unfeasible, most banks ...

Cash-plump US money market funds (MMFs) bulked up direct investments of US Treasuries in November, moving further away from ...

In his final official remarks before stepping down as chairman of the US Commodity Futures Trading Commission, Rostin ‘Russ’ ...

Societe Generale has been synonymous with equity derivatives for more than three decades, building a global markets franchise around its long-standing exotics and structuring prowess.

The authors assess operational risk in the non-life-insurance sector, finding operational lapses and the cost–income ratio to ...