Issues :   64 to 61  60 to 49  48 to 37  36 to 25  24 to 13  12 to 1

Issue #36

Issue #36Editor's Letter - The way things are done around here: In the issue this month, we again turn to the subject of culture and ethics in banking.
 
News: New strategic approach for the FCA; News Review; OECD reports dispels foreign bribery myths; US regulators clamp down on cybersecurity.
 
Spotlight - Toxic Atmosphere: An academic study has proven that the prevailing banking culture weakens and undermines honesty, while another study shows ethnic diversity deflates price bubbles. Victoria Tozer-Pennington reports.
 
Tracking Litigation: Fines and the accompanying litigation costs are hurting banks - the litigation tracker from KBW provides some startling statistics.
 
How To... Select a software solution: RiskBusiness’ Mike Finlay takes a look at some of the issues and outlines a structured approach to selecting and commissioning a commercial solution.
 
Virtual Operational Risk: Simudyne sets out how simulations can help firms prepare for catastrophes.
 
Limits Need Teeth: In a rebuttal to the continuing attack on the broken banking culture, Nick Leeson argues that bankers and traders push limits on a daily basis, and so it is time those limits grew teeth.
 
Sharing Scenarios - Vendor performance failures: This month the scenario explores a vendor or service provider failure to perform in the manner for which it has been contracted, resulting in both financial and processing impacts on the firm.
 
Risk Classifications - Organised labour actions: In this issue, RiskBusiness’ Mike Finlay takes a look at the implications of organised labour actions on the firm.
 
Dear CEO: Every month an anonymous chief risk officer of a financial services firm writes a letter to his CEO detailing some of the issues he has always wanted to raise.