-
Commentary and analysis of market risk capital regulatory reports of the six largest U.S. institutions with component contributions, a number of which are surprisingly high relative to the others. Introduction In today’s article I update the analysis on Market risk capital of U.S. Banks, which I wrote in November…

-
Anthropic’s recent product announcements have caused equity market ructions, so I try Claude in Excel, which offers to change the way financial analysts do their work. The Financial Press has been full of articles attributing the recent market sell-offs in specific sectors to product announcements by Anthropic, for example…

-
Funding imbalances between currencies create cross currency basis.The Front Roll is the physical manifestation of that imbalance, anchoring the whole curve. Definition Front Roll: The Front Roll is the 3-month funding spread implied by spot FX and FX forwards relative to OIS rates. It forms the first period of…

