In today's rapidly evolving technological landscape, large language models (LLMs) stand as a testament to the strides we've made in...

After a bit of practice, I decided to put it to work on something practical and asked it to generate a series of reverse stress scenarios...

In the beginning This story goes back to 2008, that’s when bank deposit rates (LIBOR) and Base rate (Bank rate) both went South but not...

Too good? Selling mortgages with interest rates of between 1% and 4% may seem like an opportunity too good to miss, particularly now Bank...

In Part One I summarised that: There are three types of stress test and you need to be aware of which you are using. In our business we...

Three types of stress test If you run a Google search for “stress testing” you will find over 900m results and one near the top is from...

Last week I was discussing liquidity and market risk with two different banks. On reflection, it’s apparent that the way we set risk...

Just before the big vote few people expected the UK to opt out of the EU. If you believe that markets are, by and large efficient, the...

People, systems and external events all generate operational risk. In the words of one Rogue trader “It’s sure to go up, trust me.”...

Forward looking projections ask us to look into the future. Their uses are varied and range from planning and risk to investment and...