Changes to Basel III rules on the calculation of Exposure at Default (EAD) should result in considerable reduction of RWA penalties for bank-affiliated agent lenders. We speak with Chelvi Paramanathan, global head of Pricing and Analytics for Agency Securities Finance and Collateral Services at J.P. Morgan, about expected impacts of the revisions in effect from January.
SFM Interview: J.P. Morgan’s Paramanathan on EAD benefits to agent lenders from Basel III endgame
CalPERS Joins GLMX Money Market Electronic Trading Platform
NY Fed finds foreign banks in the US most responsible for Interest on Reserves arbitrage