Lord Byron once said he detested everything that wasn’t perfectly mutual. Research by the University of Oxford suggests that his words have added resonance in the wake of the global financial crisis.
Pioneering research has uncovered the inherent secrecy of global rule-making bodies, making them more accountable, enhancing democracy and illustrating the winners and losers from their practices.
Mathematical techniques developed by Professor Mike Giles have led to substantial reductions in the complexity of the Monte Carlo computer simulations run by large banks, cutting both computing costs and energy consumption.
