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 ...

The severe disruptive effects of Covid-19 on banks’ activities, have made identifying, measuring, controlling, and monitoring operational risk at banks more important than ever. Operational risk is ...

The European Central Bank has published a speech by Frank Elderson, ECB Executive Board member and Supervisory Board Vice-Chair, on banks' operational resilience. Operational resilience has become a ...

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 push for standardization under Basel III continues, bringing significant changes to how banks calculate capital requirements for operational risk. Against this backdrop, the European Banking ...

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 ...

KUWAIT: Burgan Bank KPSC (“Burgan” or “the Bank”) announced its financial results for the year ended December 31, 2025 (FY’25), reporting a resilient performance underpinned by disciplined strategy ...

Banking is one of the most heavily regulated industries, with some of the most detailed and prolific standards compared to other industries. Though the financial sector is highly regulated, banks ...

LONDON & CHICAGO--(BUSINESS WIRE)--With just over five months left to prepare for the new UK Regulatory Operational Resilience Requirements, Fusion Risk Management, Inc. (“Fusion”), a leading provider ...

Jodi Richard never wanted to be a stay-at-home mom. Her mother was a manager at a regional bank and she instilled a solid work ethic within Jodi from a young age. There are no free rides. Richard went ...