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 ...

06 October 2005 With the Basle II Revised Framework now very much in the forefront of banks' priorities, it is now a prerequisite that banks demonstrate a sound operational risk management and control ...

What is supply chain risk? Understanding supply chain risk is fundamental in being able to effectively manage operational risk. Two of the most significant threats operational leaders face are cyber ...

Michael Hsu, acting director of the Office of the Comptroller of the Currency, said in a speech Tuesday that regulators are looking at issuing a rule to govern operational risk at the largest banks to ...

Credit risk is defined as the probability that a bank borrower or counterparty will fail to meet their obligations in accordance with agreed terms. The goal of credit risk management is to maximize a ...

Twenty-three large, internationally active banks reported more than twice as many instances of major operational losses in 2003 than they had two years before, according to a study released by federal ...