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It took two students, over a hundred training engagements in 6 markets and a life working with risk and finance to change my mind. 2007 was a good year in many ways. It was also the year when Abbas Qureshi at SP Jain, Dubai and Adnan Iqbal at Deloitte Consulting, DC asked me the same…Read more

Ever since we started preparing ICAAP (Internal Capital Adequacy Assessment Process) submission reports the two areas where clients had the most questions dealt with estimation of internal capital for strategic and liquidity risk. One client went as far as saying that I don’t want to discuss Pillar I at all. I understand Pillar I. It…Read more

Ever since we started preparing ICAAP (Internal Capital Adequacy Assessment Process) submission reports the two areas where clients had the most questions dealt with estimation of internal capital for strategic and liquidity risk. One client went as far as saying that I don’t want to discuss Pillar I at all. I understand Pillar I. It…Read more

Two ICAAP training workshops, three days, one magical location. Our second set of workshops covering exotic financial topics in breathtaking tropical locations. A focus on ICAAP – Pillar II risks primarily ALM and Liquidity Risk Capital using Interest Rate Simulations. The two day main event is preceded by a single day foundation workshop on Internal…Read more

And now for something truly off the beaten track. Exotic Financial Courses run in exotic tropical locations with trainers dressed in even more exotic Batik and Hawaiian shirts. The first in this series is the ALM and Liquidity Risk workshop in Subang, Malaysia in January, quickly followed by the ALM for ICAAP and Interest Rate…Read more

Interest Rate Forecasting and Modeling workshop The workshop is aimed at treasury, risk and fixed income investors who use interest rate forecasting tools for arbitrage, ALM, risk or credit policy decisions. Teaching methodology is based on intensive hands on model building and application cases. The workshop covers four different families of interest rate models starting…Read more

Ever since I started running risk management training workshops and teaching Executive MBA students, I had been looking for a textbook that walked the middle ground between plain English, as few mathematical equations as possible and exactly the right topics I needed to teach. It had to be concise and to the point yet cover…Read more

Eight months ago I asked myself a simple question. Is it possible to make money online selling content and advertising to people I haven’t met with only Google as a facilitator. The general answer I had received over the past few years was yes but the details about “how” were missing. Three friends held out…Read more

Crude oil, as we expected yesterday, continued its rally on Tuesday on the back of strong data from the Chinese economy and on the high expectations of second round of quantitative easing this week, especially after the quarterly US GDP figures showed less than expected growth last Friday. Light sweet crude oil for December delivery…Read more

China Federation of Logistics and Purchasing released the official PMI for China today, which showed an increase in its PMI of 0.9, rising from 53.8 in September to 54.7, indicating strong growth. HSBC China manufacturing PMI was also released today which showed an increase from 52.9 to 54.8. This increase in China’s PMI left a…Read more