Prospects have undoubtedly improved as borrowing rates have come down and cost price inflation has eased. Our Investment Adviser has prudently adopted Zoopla's prediction of a 2% fall in house prices across our regions, while reporting improved confidence of stability within cost budgets and a furth...
Tail risk can severely affect portfolio performance and financial stability. One of the most popular tail risk measures is the Conditional Value-at-Risk (CoVaR), defined as the VaR of a system conditional on an institution being under distress (Adrian and Brunnermeier 2016). The CoVaR captures ...
Climate change will have considerable impact on the global economy. Estimates of the economic damages due to climate change have focused on the effect of average temperature, but not the effect of other important climate variables. Related research has n
Timber is an example of a real asset investors can explore options for. Advisor's Corner Advisor's Corner is a collection of columns written by certified financial planners, financial advisors and experts for everyday investors like you.See More Key Takeaways Real assets offer stability and appre...
A June 29 statement from the 17 euro-area leaders stripping the European Stability Mechanism of its preferred creditor status in Spain was incomplete, said Martti Salmi, a Finnish Finance Ministry official. FINLAND CONTESTS SENIORITY CLAUSE IN SPAIN'S BANK BAILOUT More results ► Financial browser...
The Branch Controller represented by the Acting Branch Controller, Salahu Bello Mohammed said, “the CBN is saddled with the responsibility of ensuring monetary price stability, issuing legal tender currency in Nigeria, maintaining external reserves to safeguard the international value of the legal tende...
joining the Obama administration to work on the Financial Stability Oversight Council, and then being the Chief Risk Officer at the University of California. In theFabric teaser video, Rick says that “risk is the fabric of the financial universe”… something that, like the universe itself, we...
At the "Renewables Conference" held in 2004 in Bonn, the financial community issued the following statement: "Strength, clarity, and stability are de- cisive characteristics of the policy that attracts capital to renewable energy: that policy must be specific enough to improve the bankability of ...
RBS has relaxed its lending position towards its small and medium (SMEs)businesses, which has led to a an increase of new lending by 3% since the second quarter despite a 25% drop in SME loan applications due to the Olympics and doubts over the stability of the UK economy...
How to cope with a financial system that looks like it's about to collapse every time bad news turns up? This is an issue that is causing a few headaches amongst the regulators. Here's some musings from Chris Skinner over a paper from the Financial Stability gurus at the Bank of England...