A Federal Reserve proposal aimed at reducing volatility in stress capital buffers (SCBs) would have raised the Common Equity Tier 1 (CET1) component of the SCB for 20 of the 22 banks in this year’s ...

Former acting Comptroller of the Currency Michael Hsu has called for banks and regulators to rethink how they handle the explainability challenge around large language models. He wants to see them ...

The race to succeed Jerome Powell as head of the world’s most powerful central bank has already begun ...

Goldman Sachs’ estimate of its own trading and counterparty losses in the latest Dodd-Frank Act stress test (DFAST) were significantly higher than the regulators’, coinciding with a major overhaul of ...

As the US dollar has continued its fall after April’s tariff turmoil, foreign investors in US assets have had to make a trade-off between FX risks and high hedging costs.