Learn about the Merton Model for evaluating corporate credit risk, developed by Robert Merton in 1974, and used by analysts and lenders for credit default predictions.

Mutual credit relations between banks can destabilize the financial system, as the 2007-08 crisis laid bare. Researchers at ...

As financial institutions intensify their adoption of artificial intelligence, a structural constraint has emerged: predictive performance alone is insufficient in regulated lending. Models must not ...

The key function of banks in the real world is endogenously creating (inside) money. But they do so facing solvency, liquidity and maturity risks and being subject to regulatory and demand constraints ...

This article was written by Jerome Barkate, Nakul Nair, Zane Van Dusen, and Scott Coulter. We are witnessing a remarkable period in the credit markets. Following years of accommodative monetary ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Michael is a former senior editor of investing and trading products for ...

The list below offers a representative sample of the courses you can expect in the study of actuarial science and risk management at DePauw. From theoretical foundations to practical experiences, ...

A visionary business analyst and product owner with 18 years of proven track record in driving industry-transforming financial solutions in the UK, Olubunmi Martins-Afolabi possesses exceptional ...

The technical assistance (TA) missions to the Turks and Caicos Islands (TCI) aimed to enhance the Financial Services Commission’s (TCIFSC) financial stability efforts. The missions reviewed the ...