The Supreme Court Just Struck Down Trump’s Tariff Powers — Here’s What That Actually Changes for Global Trade
Background: what is IEEPA, and how did Trump use it? The International Emergency Economic Powers Act (IEEPA) is a 1977
Three Dissenters, a 77% Probability, and What the Fed’s July 29 Meeting Signals for the World Economy
Background: why the Federal Reserve’s internal divisions matter The Federal Open Market Committee (FOMC) — the body within the Federal
60,000 Migrants, 72 Dead, and Europe in Crisis — What Happened at Ceuta and Why It Matters
Background: what is Ceuta, and why does it matter? Ceuta is an 18-square-kilometre Spanish autonomous city on the northern coast
FRTB Series 4B – MAR10: Hedging, Modellability and Model Validation Terminology
Part A of this glossary covered the foundational vocabulary and the risk metric terms — sensitivity, delta, vega, curvature, VaR
FRTB Series 4A – MAR10: Foundational and Risk Metric Terminology
With RBC25 — the trading book and banking book boundary chapter — now fully covered, the standard pauses before getting
Internal Risk Transfers Under FRTB, Part D: Within the Trading Book, and the CVA Special Case
This final part of our internal risk transfer mini-series covers two remaining pieces: transfers that happen entirely within the trading
Full Revaluation vs Partial Revaluation VaR: Complete Guide
Where This Fits: Not a 4th or 5th VaR Method It’s worth being precise about this before anything else, because
Internal Risk Transfers Under FRTB, Part C: Interest Rate Risk and the Dedicated Desk
Part B covered how internal risk transfer of credit and equity risk move from the banking book to the trading
Internal Risk Transfers Under FRTB, Part B: Credit and Equity Risk From Banking Book to Trading Book
Part A of this mini-series established the basics: an internal risk transfer is just an internal record of moving risk,
Internal Risk Transfers Under FRTB, Part A: What They Are and the One-Way Door Rule
In the last article, we mapped the boundary between the trading book and the banking book — which instruments belong