Risk Management

There are certain historical scenes that seem almost too good to be true – and yet, precisely for that reason, they reveal something essential about an era. One such scene takes place in…

A new study on data poisoning in large language models suggests that even a small absolute number of manipulated documents can be enough to embed covert malfeasance in models. For companies that…

An actual article by Farhad Khakzad argues that the Strait of Hormuz is not merely a narrow maritime route for oil shipments, but a strategic fault line where energy security, military power,…

A cool evening in Basel, at the end of the 17th century. In a study, Jakob Bernoulli sits hunched over columns of numbers. Before him lie records of coin tosses – hundreds, perhaps thousands of…

Commerzbank is not a takeover target today because it is too strong. It is one because, despite respectable metrics, it has for too long been managed strategically below its potential. UniCredit…

Agentic AI shifts the risk profile of AI systems: "Text can be wrong" becomes "Text can trigger actions." Once agents use tools and publicly use each other as a source of context, new attack…

When the United Kingdom reached a debt ratio of around 100 percent of gross domestic product in the autumn of 2022 and at the same time yields on British government bonds surged within a matter…

Executives are entering 2026 in an environment where "multiple crises" and accelerated transformation are no longer exceptional – they are structural. The text argues that this persistent…

None of them. And here's why that should terrify every risk professional. When you ask ChatGPT about risk matrices, it enthusiastically explains their "benefits." Claude confidently describes how…

In the context of the Internal Ratings-Based (IRB) approach used by banks to estimate credit risk, the accurate quantification of the statistical uncertainty of long-run probabilities of default…

The global economy is entering a phase of heightened fragility. While a complete collapse has been avoided in recent months, momentum has clearly stalled. Coface forecasts global growth of just…

As of summer 2025, the global economy is under immense strain. While many countries strive to recover from the economic and social aftermath of the COVID-19 pandemic, geopolitical conflicts,…

As of spring 2025, Europe finds itself at a critical juncture, caught between internal economic fragilities and escalating global geopolitical tensions. The resurgence of US protectionism under…

The study "Frontier AI systems have surpassed the self-replicating red line" published a few weeks ago reveals alarming developments in the field of artificial intelligence (AI). The authors of…

An actual study investigates the concept of nonstandard errors (NSEs) in empirical finance, emphasizing the variability in research outcomes due to different analytical paths taken by…

An actual study on "Mental Models of the Stock Market" investigates the mental models of investors and their impact on stock return expectations. Simply put, a mental model is a representation of…

According to the Allianz Global Insurance report, the global insurance industry grew by an estimated 7.5% in 2023, clocking the fastest growth since 2006, the year before the GFC. In all,…

In the interview with Alla Gil, co-founder and CEO of Straterix, the discussion revolves around how banks manage and analyze stress scenarios, emphasizing the traditional three-step process: risk…