RWAs

  • One obvious interpretation of my Basel pictures is: I need a vacation.

    Banks

    Banks Getting Less Risky And/Or More Tricksy

    It’s a good day to be wholly cynical about banks so let’s be mean to the Basel III monitoring exercise. This is a thing where periodically the BIS looks into how far away banks are from meeting their Basel III capital requirements, with about a nine-month lag. The answer is always “pretty far away,” which […]

    / Mar 19, 2013 at 1:46 PM
  • Slide 24. I like the color scheme: "the gray is the bits we're ashamed of."

    Banks

    Deutsche Bank Improved Its Balance Sheet By Losing A Lot Of Money

    Bank earnings season is always a little surreal, I guess because there’s an inherent surrealism about banking. Deutsche Bank reported earnings today,1 and those earnings had an up-is-down quality that Bloomberg’s summary captured in this amazing sentence:2 Deutsche Bank AG, Europe’s biggest bank by assets, exceeded a goal for raising capital levels as co-Chief Executive […]

    / Jan 31, 2013 at 2:04 PM
  • Figure 5, first panel. Y axis is ratio of trading RWAs to total trading assets: lower numbers suggest umm more aggressive RWA practices, *maybe*. X axis is "a crude proxy for reliance on internal models for calculating mRWA," as opposed to using standardized approaches. Higher numbers = more use of internal models.

    News

    Banks’ Risk Measurements Rarely Off By Much More Than A Factor Of Ten

    Banks are opaque, or so I hear, and so the only way many people can stand to be around them is if they can have some sort of number to serve as a flashlight into all that opacity. One of the big numbers is Basel III risk-weighted assets, which are intended to, as the name […]

    / Jan 31, 2013 at 10:24 AM
  • Honestly, I'm pretty tenuously connected to this, aren't I?

    Banks, News

    JPMorgan Helpfully Quantifies How Much Banking Regulation Is Costing You Personally

    I like reading banks’ research reports on other banks these days because they give off a certain the-call-is-coming-from-inside-the-house vibe; you imagine the analyst running the numbers, looking them over, and saying “my God, this can’t be right, can it? This seems to say … I’m fired?” JPMorgan’s analysts maybe suffer from this less than most […]

    / Sep 4, 2012 at 5:00 PM

Our Sites

  • Above the Law
  • How Appealing
  • ATL Redline
  • Breaking Defense
  • Breaking Energy
  • Breaking Gov
  • Dealbreaker
  • Fashonista
  •