Private Wealth Management

243 Posts

The “Unknown Unknowns” of the Contingent Convertible Market

The "Unknown Unknowns" of the Contingent Convertible Market

The financial crisis of 2008–2009 highlighted weaknesses in the way banks calculated both their capital ratios and risk-weighted assets (RWAs). Prior to the crisis, banks held too little capital on their balance sheets and did not hold enough liquid funds. These shortcomings led the banks to have large write-downs during the crisis, which in many cases required state intervention to allow the banks to remain solvent. Read more

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Weekend Reads for Finance Pros: Our Brains and “The Disease” of Busyness

Weekend Reads for Finance Pros Our Brains and "The Disease" of Busyness

I don’t know about you, but I have a very hard time sitting still and just “being” instead of “doing.” My idea of “relaxing” usually involves something physical: running, swimming, cooking, spring cleaning, doing whatever, so long as I’m on the move. It takes a lot of discipline to just “be” instead of “do.” Which is why a passage from a recent post on the On Being blog, “The Disease of Being Busy,” really struck me. Read more

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