The US Federal Reserve’s vice chair for supervision Michael Barr has defended his efforts to dilute the capital impact of a flagship new bank regulation package. He promised to work with incoming ...
Agricultural Bank of China’s (ABC) market risk-weighted assets (RWAs) jumped by 42.4% in the third quarter to their highest level since at least 2012. The Chinese megabank reported 260.3 billion yuan ...
The founder of Anacapa Advisors, Phil Pecsok, says his firm’s short volatility strategy is as straightforward as selling car insurance, albeit with a much higher turnover. Systematic options selling ...