Key Takeaways Risk management in banking depends on how effectively information moves through established structures. A ...

The U.S. bank supervisory agencies recently issued for public comment revised guidance regarding the implementation of the proposed Basel II-related, risk-based capital requirements. Among the ...

Financial institutions are in the business of risk management and reallocation, and they have developed sophisticated risk management systems to carry out these tasks. The basic components of a risk ...

Atkar: Not necessarily on operational risk. For instance, the recent Basel paper on the treatment of insurance to mitigate operational risks proposes arguably a more complicated approach than ...

Operational risk is the potential loss to earnings due to people, processes, technology, and external events. Earlier this summer, Deutsche Bank also agreed to pay $75 million in lawsuit settlements, ...

Proposed changes to international reporting regulations could compel banks to spend perhaps tens of millions of dollars on technology over the next several years. The purpose of the regulations is to ...

Following the global financial crisis that began in 2007–08, policy- makers have multiplied their efforts and implemented reforms to strengthen the resilience of the financial sector. But – while ...

Corporate leaders across global markets continue to rely on cybersecurity models designed for a different era. The prevailing ...