One of the principles ingrained in me is that risk management should be kept separate from the area or individuals taking the risk. The...

I worked with a client who provided a vivid lesson on the importance of the iceberg of risk. This is the story. The bank's treasury...

Risk tolerance is a concept we frequently refer to, but how often do we have a serious conversation about what it truly means? By its...

The Challenge Banking relies heavily on confidence; without it, customers withdraw their money. One significant source of risk is the...

Treasury and dealing have undergone a remarkable change over the past four decades. What was once a field dominated by intuition,...

Issue at Hand A potential shift in the Bank of England's policy to stop paying interest on commercial bank deposits is becoming a live...

The role of a treasury has changed dramatically over the past four decades. It used to be about making money, which was a lot easier...

After the release of GPT-4o earlier this week, I tried some of the standard tests I conducted on earlier models. The simple conclusion is...

One of the podcasts I like is the Rational Reminder: "Sensible investing and financial decision-making, from two Canadians". It provides...

I've been reading Ethan Mollick's new book "Co-intelligence: Living and Working with AI" It's an excellent read for anyone interested in...

The Calculator Analogy Back in the 1970s when I was at school, one of the prized possessions for many students was a Sinclair calculator....

The Challenge My mum loves reading, but she has read all the books in her bookcase at least twice. At 97, it's simply not feasible for...

The Bank of England commissioned Dr. Bernanke's report, "Forecasting for Monetary Policy Making and Communication at the Bank of England:...

It's a well-known but seldom-discussed fact: Board directors of financial institutions rarely read all the documentation originated by...

Last week I received a newsletter from Conor Grennan – The Infinite Focus Group: AI In Marketing he explained how to use AI to create...

In this article, I ask whether Claude, the large language model from Anthropic, should be given a seat in the boardroom. After all,...

When I was at school, I was fortunate enough to have an excellent English teacher, Tim Cornish. What made him exceptional was his ability...

I've noticed that GPT-4 is getting better all the time; you can do more, and the results are better. I decided to try a little test....

I've taken a screenshot of the notes from my previous blog and uploaded them to ChatGPT. Then I've asked ChatGPT to write using the...

Introduction to ChatGPT If you haven't tried ChatGPT and are a bit lost about where to start, the following will help you. ChatGPT is...