Catastrophe Risk Protection: Hurricane Ian Dislocates an Already Challenged Market

Dec 2, 2022 | Catastrophe (cat) bond and insurance-linked securities (ILS) issuance appeared to be on its way to ...


Consumer Outlook: Continued Growth, or Putting on the Brakes?

Jun 10, 2022 | While at the World Economic Forum meeting in Davos, Bank of America CEO Brian Moynihan expressed ...


FASB Update Facilitates Hedging of Fixed-Income Risk

May 27, 2022 | After a pandemic-induced delay, Financial Accounting Standards Board (FASB) guidance is allowing ...


Stress Testing Uncertainty: What Does It Mean for FRMs?

May 20, 2022 | Stress testing for banks seems like a straightforward exercise: assume a series of economic and ...


Stress Testing and ECL: The Illusory Concept of Perfect Forecasting

Mar 11, 2022 | Forecasting is a key tool used in stress tests and in projections for expected credit losses. The ...

Trending Articles

Basel III: The Impact of the New Probability of Default Input Floor

PD reforms are on the horizon, but what are these regulatory-driven revisions, and how do their potential benefits measure up with their drawbacks?

Friday, February 11, 2022

Model Validation for Credit Risk: A Critical Deficiency in the Jeffreys Test

In credit-risk modeling, the most important test for calibration accuracy is the Jeffreys test. But this test has peculiarities that bring an innate...

Friday, May 13, 2022

Stress Testing and ECL: The Illusory Concept of Perfect Forecasting

There is no flawless time horizon for capital planning or for projecting credit losses. But there are steps financial institutions can take to...

Friday, March 11, 2022

2022 Stress Testing Expectations

The Fed’s CCAR stress-testing exercise for this year covers harsher economic conditions, but does not assume what would happen to loan defaults if...

Friday, March 4, 2022


Fed Study: CECL Boosted Banks’ Reserves, but Impact on Lending Is Unclear

Feb 18, 2022 | The Current Expected Credit Losses (CECL) accounting standard may have enabled a quicker reaction ...



Biggest U.S. Banks' SLRs Continue Trending Down

Oct 29, 2021 | Continuing to decline after a temporary rise last year, the largest banks' weighted average ...


With CECL in Force, Banks Remain Cautious on Loss Reserves

Apr 30, 2021 | Banks ramped up loan-loss reserves at the onset of the pandemic because of the current expected ...


Positive Credit Market Outlook Carries Over

Jan 8, 2021 | Credit market observers are expecting a bull run to continue well into 2021. Volatility is seen as ...

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