Search Results
Showing results 1 to 10 of approximately 57.
(refine search)
Working Paper
Implications of alternative operational risk modeling techniques
Quantification of operational risk has received increased attention with the inclusion of an explicit capital charge for operational risk under the new Basle proposal. The proposal provides significant flexibility for banks to use internal models to estimate their operational risk, and the associated capital needed for unexpected losses. Most banks have used variants of value at risk models that estimate frequency, severity, and loss distributions. This paper examines the empirical regularities in operational loss data. Using loss data from six large internationally active banking ...
Conference Paper
Basel 1A and Basel II: potential benefits and pitfalls
Speech
Still more lessons from the crisis
Remarks at the Foreign Policy Association Corporate Dinner, New York City
Journal Article
Banking on Basel : an alternative for capital requirements
Equity capital represents a bank?s net worth?the difference between its assets and liabilities. Put another way, it?s the value of assets financed by the bank?s owners, rather than depositors or other sources of funds. Capital serves as a buffer to absorb losses and prevent failures and figures prominently in the banking industry?s ability to lend.
Conference Paper
Basel II and risk management in financial markets