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 ...

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 ...

Operational risk is often described as the “silent disruptor” of the financial world. Unlike credit risk or market risk, which are measurable and frequently modeled with precision, operational risk is ...

Operational risk scenario analysis has existed for a long time. Why is it under more scrutiny now? Patrick Naim, Elseware: I wouldn’t describe it as scrutiny so much as more ambitious objectives for ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Identifying and assessing operational risk lets you make changes in your company to secure operations and reduce risk of business failure. Operational risk is the total of risks you run when operating ...

The last decade has seen an explosion in technologies with tremendous potential impact on a business. From internet-connected devices to the algorithms that can make sense of the mountains of data ...

Companies that want to achieve a sustainable and profitable business need to focus on three dimensions of their operations, generally speaking. First is value protection, a foundational concern that ...

See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. What is supply chain risk? Understanding supply chain risk is ...

Indian banking system is reeling under a series of reported frauds in the last few weeks. The mother of all is the USD 1.7 billion at PNB (Punjab National Bank) which is amongst the top public sector ...