The Institutional Risk Analyst

Is the flow of toxic waste pouring from busted private equity portfolios into credit trades a threat to insurance companies? Yup.

Most of the banks in our surveillance group are down between 10% and 30% so far this year, but none of these are particularly cheap as yet

WISE is a play on the relentless advance of technology that lowers costs and eventually forces change in the legacy world of banking and pay

Fed Chairman Jay Powell effectively is short an equity put option to the world...

Every time there’s a critical problem in the banking system due to banker malfeasance, the Fed steps in to paper it over....

This is a really bad time to be focused on macroeconomic data....

The risk presented by changes in behavior compelled by COVID have only begun to emerge into view in urban commercial real estate...

An equally informal group of researchers within the Federal Reserve System is also in the vanguard of those warning about nonbank risk...

Congress needs to reconsider the dual-mandate contained in the 1978 Humphrey-Hawkins legislation...

Don’t get distracted by the rising rate song from the Street. We don’t look for short or medium term interest rates to rise in the near term

The deflationary impact of COVID continues to ripple through the global financial system.

No matter who wins the presidential election in November, have no doubt that Chairman Powell is the most important man in town...

The FOMC can accelerate lending, but it cannot ameliorate either the negative impact on credit or the torrent of loan prepayments...

Quarterly net income for all FDIC-insured commercial banks fell 70% YOY...