Researchers from the Swiss National Bank have shown how a trading strategy that uses fine-tuned large language models (LLMs) to analyse sentiment in the foreign exchange market could outperform ...

Regulators began their odyssey to craft new trading book capital rules in 2012. As the mythical Greek hero discovered during ...

The second quarter saw the sharpest surge in net cash outflows (NCOs) since the pandemic at the largest US banks, accompanied by a matching jump in high-quality liquid assets (HQLAs).

Some machine learning scientists had hoped that LLMs would be able to forecast better with limited data, and perhaps to apply ...

The version of the mammoth budget bill that passed the US House of Representatives on May 22 would have zeroed out the OFR’s ...

Actual price moves blindsided VAR forecasts on 34 occasions – the highest tally since Q1 2020, when banks recorded an unprecedented 207 breaches, which were largely disregarded by regulators in light ...

Nomura, the first and only bank using its own models to calculate market risk capital under new rules known as the ...

But experts question whether European Commission proposal will draw insurers back to other securitised products ...

CVA risk-weighted assets (RWAs) across the country’s eight global systemically important banks totalled $279 billion as of end-June, a $34.4 billion rise on end-March and the highest aggregate since ...

When the European Banking Authority (EBA) released the results of its latest stress test at the start of August, four banks ...

Investors in Asia are turning to inverse and leveraged exchange-traded funds (ETFs) as an alternative to futures and options for hedging against a broad stock market downturn.