Thanks to the rise of chip-based credit cards and person-to-person payment systems, 2015 was a transformative time for banking institutions. But statistics gathered for a recent CDW infographic indicate that 2016 will be no less eventful. The continued shift to digital represents one of the biggest banking trends in the new year. More than 60 […]
Regulation
McKinsey on Risk – Volume 2
This is the second issue of McKinsey on Risk (read the first issue on this link), the journal offering McKinsey’s global perspective and strategic thinking on risk. McKinsey’s focus is on the key risk areas that bear upon the performance of the world’s leading companies—including credit risk, enterprise risk management and risk culture, operational risk […]
Top 10 Operational Risks for 2017
Renown and industry leader website Risk.net presents the top 10 operational risks of 2017, as chosen by risk practitioners worldwide. Banks and financial services firms face a range of operational challenges in 2017. In a series of interviews that took place in November and December 2016, Risk.net spoke to Chief Risk Officers, Heads of Operational […]
Global Risks Report 2017
The Global Risks Report 2017, from the World Economic Forum (WEF), features perspectives from nearly 750 experts on the perceived impact and likelihood of 30 prevalent global risks as well as 13 underlying trends that could amplify them or alter the interconnections between them over a 10-year timeframe. The WEF summarises that: 2016 saw a crystallization […]
KPMG 2017 Global Audit Committee Pulse Survey
To better understand the key challenges and concerns facing audit committees, boards, and their companies, KPMG’s Audit Committee Institute surveyed more than 800 audit committee members in 42 countries. The survey findings offer insights that audit committees around the world can use to sharpen their focus, benchmark responsibilities and practices, and strengthen oversight. While audit […]
FREE COURSE: Financial Markets
This is a great opportunity for anyone who wants to improve their knowledge in Financial Markets. It’s a FREE course created by Yale University and starts on Jan 23. A summary of the course content and syllabus is explained below. Course Syllabus Week 1: Basic Principles of Finance and Risk Management (5 videos, 1 reading) Reading: Optional […]
Six Potential Risks for Investors in 2017
Investment Banks analysts anticipate that financial markets will be affected in 2017 by three main events: Donald Trump’s performance as US President, which for most, is a big uncertainty; the first round of the 2017 French presidential election, held on 23 April 2017; and the next German federal elections, which will elect the members of the Bundestag, […]
Risk Assessment of the European Banking System by EBA
The European Banking Authority (EBA) releases a semi-annual Risk Assessment Report which contains updates on risks and vulnerabilities in the EU banking sector. This report describes the main developments and trends that affect the EU banking sector and provide the EBA’s outlook on the main micro-prudential risks and vulnerabilities. Below you can access the Risk […]