William WebsterAug 203 minHedgingIs it Hedged?Hedging means different things to different people. For example, a bank manages its interest rate risk by converting everything to a...
William WebsterJul 93 minHedgingGuilty SecretsI worked with a client who provided a vivid lesson on the importance of the iceberg of risk. This is the story. The bank's treasury...
William WebsterOct 24, 20235 minAIAI in Finance: Tackling Interest Rate Risk with GPT 4In this article, I explore the capabilities of GPT-4 in assessing a firm's interest rate risk. My objective is to provide a practical...