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Author:Cumming, Christine M. 

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Journal Article
The challenges of risk management in diversified financial companies

In recent years, financial institutions and their supervisors have placed increased emphasis on the importance of measuring and managing risk on a firmwide basis?a coordinated process referred to as consolidated risk management. Although the benefits of this type of risk management are widely acknowledged, few if any financial firms have fully developed systems in place today, suggesting that significant obstacles have led them to manage risk in a more segmented fashion. In this article, the authors examine the economic rationale behind consolidated risk management. Their goal is to detail ...
Economic Policy Review , Issue Mar , Pages 1-17

Journal Article
Commentary on 3 papers on the role of capital regulation in bank supervision

This paper was presented at the conference "Financial services at the crossroads: capital regulation in the twenty-first century" as part of session 6, "The role of capital regulation in bank supervision." The conference, held at the Federal Reserve Bank of New York on February 26-27, 1998, was designed to encourage a consensus between the public and private sectors on an agenda for capital regulation in the new century.
Economic Policy Review , Volume 4 , Issue Oct , Pages 225-227

Journal Article
The economics of securitization

Quarterly Review , Volume 12 , Issue Aut , Pages 11-23

Journal Article
Financial structure of the G-10 countries: how does the United States compare?

Quarterly Review , Volume 12 , Issue Win , Pages 14-25

Journal Article
International linkages among equities markets and the October 1987 market break

Quarterly Review , Volume 13 , Issue Sum , Pages 34-46

Speech
Managing crises without government guarantees—how do we get there?

Remarks at Banking Law Symposium 2011, Paris, France.
Speech

Speech
Reform in a time of rapid change

Remarks at the Standard and Poor's Ratings Services Global Bank Conference, New York City
Speech , Paper 134

Speech
Remarks at the celebration of the 10th anniversary of CLS

Comments at the 10th Anniversary of CLS, New York City.
Speech , Paper 103

Speech
Introductory remarks for the Panel on Regulating Financial Markets: lessons from crisis management

Introductory Remarks for the Panel Discussion Sponsored by the Heller-Hurwicz Economics Institute and the Economic Club of Minnesota at the University of Minnesota, Minneapolis.
Speech , Paper 106

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