After the merger, Banc of California sold off $6 billion in lower-yielding loans and securities, resulting in a $442.4 million loss from the securities sales. It was also forced to pay $32.7 million ...

This issue is made up of 4 technical papers: ‘Simple and efficient simulation of the Heston stochastic volatility model' by Leif Andersen from Banc of America Securities; ‘Partial proxy simulation ...

This issue is made up of 4 technical papers: ‘Extended LIBOR market models with stochastic volatility' by Leif Andersen from Banc of America Securities and Rupert Brotherton-Ratcliffe from AIG ...