Readers will be aware of the banking crisis playing out in front of our eyes. Let’s take a moment to look at just two demises: Silicon Valley Bank and Credit Suisse, both effectively nationalised in Government emergency actions this month.
Continue readingMonth: March 2023
Bank bail outs are insane
For three reasons:
Continue readingRisk Management at SVB
Silicon Valley Bank collapsed last week. The ramifications are not yet known but will be significant. Who was in charge of financial risk management at the bank? Read on.
Continue readingKilling the cost-push inflation Hydra
Some myths never die. Just last month the Financial Review newspaper in Australia ran an opinion piece written by a senior portfolio manager at an investment management firm. The topic was inflation.
Continue readingResearch? Pull the other one
This is an example of the damage the woke virus has done to the minds of many senior executives in corporate life. Read this press release with a straight face, if you can. I read the report so you don’t have to.
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Australian Actuary 