Banks are entering a decisive phase in their AI evolution. After years of deploying isolated machine learning models — chatbots in customer service, fraud engines in risk, predictive dashboards in ...

LONDON, Feb 17 (Reuters) - Banks are increasingly turning to bespoke deals with private investment funds to shed credit risk, but the market needs close monitoring as it spawns new vulnerabilities for ...

LONDON, Feb 17 (Reuters) - Banks are increasingly ⁠turning ⁠to bespoke deals with private investment ⁠funds to shed credit risk, but the market needs close monitoring as it spawns new vulnerabilities ...

Comptroller of the Currency Jonathan Gould. A government watchdog is warning the Office of the Comptroller of the Currency about retaining records and maintaining confidentiality related to the Basel ...

The Basel Committee on Banking Supervision (BCBS) has published principles for the sound management of third-party risk in the banking sector, according to a press release. The statement said that the ...

ABSTRACT: This study presents an analysis of the impact of asset price bubbles on standard credit risk measures, including Expected Loss (“EL”) and Credit Value-at-Risk (“CVaR”). We present a styled ...

The Basel Committee recently released its assessment reports that are focused on the implementation of its global standards in the United Kingdom. According to an update shared by BIS, assessments ...

The Basel Committee has published a summary of its latest meeting in which members discussed a range of initiatives. The Committee reaffirmed its commitment to full and consistent implementation of ...

Council Chair Daniel R. Thies discusses the challenges currently faced by the Council and legal education. Learn about the Standards Committee's review to align the Standards with the "Core Principles ...

In a candid assessment, the chair of the Basel Committee on Banking Supervision, Erik Thedéen, has acknowledged that the global rules governing banks’ exposure to crypto-assets must be revisited.