When I was trading, policy wasn’t a priority. This attitude wasn't just mine; it was common throughout the bank. The entire organisation...

Unforced errors in banking, trading and risk can be captured by two questions

I've been helping a company that wants to implement Value at Risk, (VaR). During this process, I've found myself reassessing how I think...

At the front of any information pack that explains what's going on in treasury and risk, you often see a long list of limits. These are...

This is why establishing and enforcing proper policies that ban alcohol consumption during working hours is crucial.

One of the principles ingrained in me is that risk management should be kept separate from the area or individuals taking the risk. The...

Risk tolerance is a concept we frequently refer to, but how often do we have a serious conversation about what it truly means? By its...

The Challenge Banking relies heavily on confidence; without it, customers withdraw their money. One significant source of risk is the...

The role of a treasury has changed dramatically over the past four decades. It used to be about making money, which was a lot easier...

The Bank of England commissioned Dr. Bernanke's report, "Forecasting for Monetary Policy Making and Communication at the Bank of England:...

It's a well-known but seldom-discussed fact: Board directors of financial institutions rarely read all the documentation originated by...

In this article, I ask whether Claude, the large language model from Anthropic, should be given a seat in the boardroom. After all,...