Product Risk Classification

9th April 2017 Editor 0

What is the PRC? The product risk classification (PRC) is a risk indicator that is based on quantitative models. It allows us to compare the financial risk of investment products of different kinds and asset […]

Paul's Blog

Bankers Can’t Avoid Risk by Hiding It

9th November 2011 Paul 0

(A version of this was first published on on May 24, 2011.) One of the supposed silver linings of our recent economic disaster was the idea that we finally understood how hazardous our exotic […]

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