Covid chaos spurs on search for model risk aggregation
Many models failed in pandemic, but analysing them in clusters easier than whole-bank view
Covid isn’t killing corporate entertaining – it’s dead, anyway
For a generation of bankers and vendors, client hospitality was part of life. But the party is winding down
How time-step stress-testing helped Deutsche navigate Covid
Market risk chief touts importance of repeat stress-testing over point-in-time methods
From one extreme to another: Covid upsets loan models once more
Unusual economic slumps tripped up models in 2020. Now, they are struggling with fast recoveries
Strange new world of Covid economics upends loan-loss models
Models wrong-footed by government support, slumps in whole sectors and differences within industries
Op risk managers could be Covid long haulers
New threats sprang from old sources in this year’s Top 10 op risks, belying a big drop in losses
Held in suspense: late futures orders blamed for Covid meltdown
Buy-side use of average pricing contributed to rash of failed trades and give-ups last March
Nordea Asset Management CRO – a ‘controls freak’ meets Covid
A firm grip on checks and balances amid pandemic chaos has kept risks within tolerances
Her Husband Died of Covid. Now She Needs a New Financial Plan
A 53-year-old Phoenix woman wants to get through the next few years and plan for retirement. Here’s what a financial …