Topic: Risk Management
Sorting Out Conflicts of Interest in Commercial Loan Syndicates
Syndicate voting rules reflect varying levels of trust and familiarity
Banks Transmit Financial Shocks, Including from Natural Disasters
How a localized flood may result in fewer loans to a far-off community
Forecasting a Recession Using Easy-to-Grasp Images
A look at the shape of five variables through the last seven downturns vs. today’s numbers
When Individuals Concentrate in a Stock, Earnings Surprises Play Out Differently
Price movements can be more extreme
A Different Way to Evaluate Private Equity Performance
An approach tailored to investor risk appetite and more comparable to stocks