Bank Supplementary Leverage Ratio (SLR) Regulatory Drag
Prof Darrell Duffie of the Graduate School of Business (GSB) at Stanford University shares his views on the Supplementary Leverage Ratio (SLR) imposed by regulators on banks and a proposed alternative approach.
A Review of Financial Reform with Darrell Duffie
Prof Darrell Duffie of the Graduate School of Business (GSB) at Stanford University gives an overview of the impact of financial reforms post-2008 crisis. Covering: Liquidity in corporate bond markets (0:05) Market structure versus technology and all-to-all bond trading platforms (2:53) Is liquidity/maturity transformation a cause for concern to regulators? (5:06) ETF and Mutual funds […]
Counter-Cyclical Capital Buffers
Prof Darrell Duffie of the Graduate School of Business (GSB) at Stanford University share his views on the use of counter-cyclical capital buffers by regulators.
Swap Markets Post-LIBOR/EURIBOR
Prof Darrell Duffie of the Graduate School of Business (GSB) at Stanford University proposes a solution for interest rate derivatives contracts when LIBOR/EURIBOR benchmark rates seize to exist at the end of 2021. Related publications: https://www.darrellduffie.com/uploads/policy/Duffie-Conversion-Auction-Notes-2017.pdf https://www.darrellduffie.com/uploads/policy/Duffie-Slides-Conversion-Auction-2017.pdf
Market Liquidity Post-2008
Prof Darrell Duffie of the Graduate School of Business (GSB) at Stanford University explains the drivers behind the change in market liquidity post-2008 financial crisis.