Chris 🇺🇦

Journalism In An Age Of Authoritarianism | NOEMA The media needs to rethink its role in protecting democracy — rather than just chronicling its demise.

Journalism In An Age Of Authoritarianism

Crypto, but government crypto — with Agustín Carstens A podcast cross-promotion post

The key question for money // Crypto, but government crypto — with Agustín Carsten

FX debt and optimal exchange rate hedging This paper examines optimal foreign currency (FX) hedging by non-financial corporations globally. Using a cross-country, firm-level dataset, we first document key patterns of FX borrowing across…

FX debt and optimal exchange rate hedging

AI in Asset Management: Tools, Applications, and Frontiers — Book From theory to practice: How AI is transforming portfolio design, risk oversight, and investment decision-making.

Some weekend reading! // AI in Asset Management: Tools, Applications, & Frontiers - Book

How New Laws Reshaped Stock Market Participation Over the past two decades, middle-class Americans have quietly changed how they invest. This paper shows that the share of investable wealth held in stocks has risen—and become systematically linked…

How New Laws Reshaped Stock Market Participation

The hot new investment trend is the ‘Total Portfolio Approach’. Does it work? Exploring the buzzy but fuzzy new phenomenon in asset allocation

The hot new investment trend is the ‘Total Portfolio Approach’. Does it work?

Project Rio: Fast-paced market monitoring Project Rio is a real-time market monitoring platform developed by the BIS Innovation Hub in collaboration with central banks to address the challenges of fast-paced electronic markets, particularly…

Project Rio: Fast-paced market monitoring

Kleiner als gedacht: Bundesstatistiker lassen die Schweizer Banken schrumpfen Gemäss der jüngsten Revision der Statistik sind die Banken volkswirtschaftlich weniger wichtig als angenommen. Das sorgt für Nervosität in der Branche. Denn der Niedergang hält schon länger an.

«Liebling, ich habe die Banken geschrumpft»: Statt mehr als 5 Prozent tragen die Banken plötzlich nur noch 3,7 Prozent zur Wirtschaftsleistung bei

Private Markets: Why Retail Investors Should Stay Away - CFA Institute Enterprising Investor Retail access to private markets is growing, but opacity, illiquidity, and weak governance raise serious concerns for investors.

Good contrarian advice // Private Markets: Why Retail Investors Should Stay Away

Research: Acknowledging Problems Can Strengthen Your Pitch to Investors Analysis of more than 30,000 entrepreneurial loan requests on a peer-to-peer lending platform shows that borrowers who candidly acknowledged setbacks, debt, or past mistakes secured funding faster,…

Research: Acknowledging Problems Can Strengthen Your Pitch to Investors

The road to useful quantum computing applications An overview of our new framework to help us navigate the pathways and obstacles on the journey to real world quantum computing applications.

The road to useful quantum computing applications

China’s secretive gold purchases help fuel record rally Growing amount of unreported transactions presents challenge for bullion market traders

“Gold is seen as a pure USA hedge.” // China’s secretive gold purchases help fuel record rally

ESRS “quick fix” comes into play… probably?  | XBRL Posted on November 14, 2025 by Editor

ESRS “quick fix” comes into play… probably?

EU Omnibus vote materially waters down sustainability rules | XBRL Posted on November 14, 2025 by Editor

EU Omnibus vote materially waters down sustainability rules

Anthropic reports successful cyber espionage by AI agents Lots of firsts for Anthropic, none good.

Anthropic reports successful cyber espionage run by 80% AI agents

Anthropic reports successful cyber espionage by AI agents Lots of firsts for Anthropic, none good.

Anthropic reports successful cyber espionage run by 80% AI agents

The value of trading relationships in FX derivatives: evidence from Credit Suisse's collapse Staff working papers set out research in progress by our staff, with the aim of encouraging comments and debate.

Unexpected for non-practitioners // The value of trading relationships in FX derivatives: evidence from Credit Suisse's collapse

Frontiers of digital finance, part 2: Stablecoins, monetary ‘singleness’, tokenisation, and decentralised finance The digitisation of payment, trading, and settlement systems is reshaping the financial architecture. This column, the second in a two-part series, discusses recent developments in stablecoins,…

Frontiers of digital finance, part 2: Stablecoins, monetary ‘singleness’, tokenisation, and decentralised finance

From Sharpe to Pedersen: Why Active Management Isn’t Zero-Sum After All - CFA Institute Enterprising Investor Sharpe’s arithmetic explained markets at rest. Pedersen’s model shows markets in motion and how active management creates real economic value.

Important basics // From Sharpe to Pedersen: Why Active Management Isn’t Zero-Sum After All

Most Gen AI Players Remain 'Far Away' from Profiting: Interview with Andy Wu | Working Knowledge He unpacks the current AI gold rush, including the fierce competition among OpenAI, Meta, and Google.

Most Gen AI Players Remain 'Far Away' from Profiting: Interview with Andy Wu | Working Knowledge

Frontiers of digital finance, part 1: A global perspective The digitisation of payment, trading, and settlement systems is reshaping the financial architecture. This column, the first in a two-part series, offers an overview of major trends across the world.…

Great resource! // Frontiers of digital finance, part 1: A global perspective

The EU as an investor You can criticise the EU for a lot of things, but when it comes to investing its money, it does a good job, something that is important when considering the investments in the reconstruction of…

The EU as an investor

Consumer preferences for a digital euro: insights from a discrete choice experiment in Austria This paper examines consumers' intended adoption of a digital euro in Austria using a discrete choice experiment. We estimate a mixed logit model to quantify the role of key attributes such as…

Consumer preferences for a digital euro: insights from a discrete choice experiment in Austria

Guest Post: Will the Snapchat Settlement Become a Benchmark For AI-Related Risk? The incidence of AI-related securities litigation is by this point well-established. But as the laws, regulations, and legal environment relating to AI have continued to evolve, so too has the…

Such disclosures will be a good source for market intelligence // Guest Post: Will the Snapchat Settlement Become a Benchmark For AI-Related Risk?

Liquidation von Radicant: Entschlossenheit oder Mutlosigkeit? Bewerten die einen die Liquidation der Neo-Bank Radicant als entschlossene und längst fällige Massnahme, kann man das auch als Konsequenz der Mutlosigkeit sehen.

💯 // Liquidation von Radicant: Entschlossenheit oder Mutlosigkeit?

What if the AI race isn’t about chips at all? Availability of electricity to keep models running is becoming the critical factor in technology’s development

That’s why I’m invested in storage // What if the AI race isn’t about chips at all?

‘The global data centre and AI build-out will be an extraordinary and sustained capital markets event’ Inside JPMorgan’s big data centre report

On the macro impact of data centre sourcing // ‘The global data centre and AI build-out will be an extraordinary and sustained capital markets event’

Shifts in OPEC+ behaviour and downside risks to oil prices The European Central Bank (ECB) is the central bank of the European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the…

Shifts in OPEC+ behaviour and downside risks to oil prices

Competing digital monies We compare three competing digital payment instruments: bank deposits, digital platform tokens and central bank digital currencies (CBDCs). A simple theoretical model integrates the theory of…

Important! // Competing digital monies

Do gamblers invest differently? The stock market is often compared to a casino, but what happens when you ask gamblers to come to a lab and trade in stocks?

My anecdotal evidence confirms this // Do gamblers invest differently?