With recent events, it seems like Basel III is not doing much to prevent another financial meltdown. To share a bit of background first, banks must hold capital depending on the risk-weights: the higher the risk-weights, the more capital banks are required to hold. For example, mortgage-backed securities had low risk-weights and consequently, there’s an […]

I was reading an interesting book, ’Human Sigma’ and one of its rule in driving an organization to achieve high customer engagement is that employee engagement and customer engagement has to be managed together. Without needing to go into details, almost everyone would believe that high customer engagement relates to great company profits, especially in this increasingly competitive […]

I think the realities of having a strong family background is striking me harder and harder nowadays as I relate to people around me. For example, a person with rich parents or strong connections will obviously have the chance to pursue education in the best instituitions and potentially is going to have great certifications landing him […]

June was not a good month for my family. It started with my hospitalization, my father-in-law injured his back, my wife’s grandma passed away and finally we lost our baby due to miscarriage. All these seem to kick in all within the same week and I just can’t believe how things just happen at the […]

As the title says, I can’t even recall when I last posted anything. My life has been so hectic preparing for wedding dinner and our photoshoots. Adding to that, I have become more and more busy in office now that I hardly have time to breathe. When I reach home from work, it’s usually bedtime […]