As perhaps another in a very long line of indications as to what is unholy and wrong about today in banking and finance, over the weekend it was reported in the Financial Times that Deutsche Bank ( DB ...
If you are an aspirant looking to build a lucrative and rewarding career in banking sector, Mathematics is one area that you should focus upon. Apart from being an amazing asset during the recruitment ...
A few years ago, famed financial engineer Andrew Lo built a computer model that allowed one of the biggest U.S. banks to figure out which customers were most likely to fall behind on credit-card ...
The Great Financial Crisis of 2008-2009 and the subsequent legal and regulatory reactions to it have increased opportunities for math students to make a career in banking. Coming out of the Crisis, ...
Don’t rule out another bumpy New Year’s Eve in the funding markets. After the Sept. 16 surge in repo rates that spurred the Federal Reserve to inject cash into the money markets for the first time in ...
Last month, Bank of America released some good news for once in its life: It had done so well at passing the Federal Reserve’s “stress test” that for the first time since the financial crisis, it ...