Mitsubishi UFJ Financial Group (MUFG) offloaded 27.1% of its available-for-sale (AFS) Japanese government bond (JGB) portfolio in the second quarter, bringing holdings to their lowest level in more ...

The author applies the Bernoulli distribution to an extrapolation of the capital provision that does not take into account ...

Henry Penikas (Doctor of economic sciences) is a project manager at the Bank of Russia (BoR) Research and Forecasting Department, having initially worked for two years within the BoR Banking ...

Andrzej R. Stopczyński, PhD  is an experienced risk management professional and academic, currently serving as an Associate Professor at the Institute of Finance at the University of Łódź. He also ...

This paper discusses a new estimator for probability of default and compare its performance against two alternative ...