By Donald van Deventer on
4/1/2010 12:21 PM
Today marks the 20th anniversary of the founding of risk management firm Kamakura Corporation. In this blog we take a brief look at some of the biggest surprises in our first 20 years in the risk management business.
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By Donald van Deventer on
3/31/2010 9:33 AM
Concerns about potential rises in interest rates from unprecedented low levels have risen dramatically in the last few months. On January 6, 2010, U.S. banking regulators went so far as to issue an “interagency guidance” on interest rates, warning of the dangers that lie ahead. Beginning in April, Kamakura Corporation will issue a monthly forecast of U.S. Treasury yield curve movements over a ten year horizon. This blog introduces the Kamakura rate forecasting procedure.
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By Donald van Deventer on
3/17/2010 11:19 AM
My brief task today is to introduce our guest blogger Brian Ranson. Brian has been a respected credit risk management expert and pioneer in the use of quantitative default probabilities instead of legacy agency ratings. After a long career at the Bank of Montreal, he then spent many years as advisor to sophisticated financial institutions at one of the major rating agencies. Read on, and enjoy!
Donald R. van Deventer
Honolulu, Hawaii
March 17, 2010
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By Donald van Deventer on
3/4/2010 10:00 AM
Guest author: Bob Selvaggio, with an introduction by Donald R. van Deventer
My role today is very brief: to introduce today’s guest author Dr. Robert Selvaggio. Bob asked me to describe him this way: “Bob is a long-time NYC bank and insurance company risk manager," but that’s far too self-effacing. Bob has been one of the most respected risk managers in the United States for more than 20 years. What follows are Bob’s personal opinions and not those of his employer.
Donald R. van Deventer
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By Donald van Deventer on
2/4/2010 10:05 AM
Today’s fraud charges by the State of New York against former Bank of America CEO Ken Lewis prompted me to think about how people have tolerated the last three years of crisis, particularly risk management experts. That’s the subject of today’s post.
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