By: Fred Vacelet, Eureka Financial Faculty The Basel II text, in its IRB (Internal Rating Based) formula for capital requirements, ignores a few unpleasant properties of the calculations when PDs are low: capital requirements negative, division by 0, non-monotonicity, to name but a few. Above a PD of 0.03% (the minimum for non-public entities), we […]
Our aim is to understand your training needs and to deliver the highest quality, bespoke training in a fun and innovative way. Get in touch to have a chat about how we can help you.
Connect with Us
Address: Berkeley Suite, 35 Berkeley Square, Mayfair, London W1J 5BF, UK
Phone: +44 (0) 207 993 8597