Artificial intelligence (AI) and machine learning (ML) are now embedded in the core of banking — powering decisions in credit, fraud, anti-money laundering (AML), and more. These systems bring scale ...

In this paper, we survey the rapidly developing literature on macroprudential stress-testing models. The scope of the survey includes models of contagion between banks, models of contagion within the ...

Experiencing “good” stress is motivating and is an essential part of life. Feeling an appropriate amount of stress gives you the drive you need to study for a test, do well on a job interview, and ...

Stress is an inevitable part of any professional’s life, but how individuals handle it early in their careers significantly impacts both their health and long-term success. While many professionals ...

The PRA’s new supervisory statement extends banks’ model risk management obligations “across all models” - not just capital and stress testing. What steps must banks take to comply? Despite last ...