Morgan Stanley and the $7 Billion Unknowable: Commercial mortgages are now mark-to-model Level 3 assets.
IMF Sees World Growth Slowing, With U.S. Marked Down: But the US will avoid a recession, it seems.
Lessening the Reliance on VaR: It’s About Time
Accenture’s next champion of waffle words: “We are changing the name of the Human Performance service line to Talent & Organization Performance, effective immediately.” Really.
SocGen: C’est Le Takeover Time? The French banks jockey for position.