Operational risk is the potential loss to earnings due to people, processes, technology, and external events. Earlier this summer, Deutsche Bank also agreed to pay $75 million in lawsuit settlements, ...

A financial systems expert examines rising architectural risks in banking platforms as accelerated digital transformation ...

The operational risk component of the agencies' capital proposal could not possibly pass any cost-benefit analysis, write Grag Baer and Francisco Covas, of Bank Policy Institute. If the capital rule ...

Dr Gulzar Singh examines how material banking risks often persist not because they are unknown, but because they fall between ...

This descriptive case study analyzes more than 5000 operational risk incidents from a major New Zealand bank to document risk patterns within a concentrated, dual-regulated banking environment. Using ...

A federal judge allowed two claims to proceed against Bank of America (NYSE:BAC) in a lawsuit tied to Jeffrey Epstein, while ...

Operational resilience is the ability of a bank to prepare for, adapt to, and withstand or recover from disruptions. These disruptions flow from external events such as natural disasters, malicious ...

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 ...

Open banking, embedded finance, and AI are changing where bank data flows. Data privacy now determines how far innovation can ...

Senthil Kumar will become Huntington’s CRO as it transitions to a Category III bank, with higher liquidity requirements and capital buffers and more frequent stress tests.

Retail banking’s progress is often measured by what customers can see - sleek apps, instant payments, and frictionless onboarding. Yet the most important part of the system remains invisible: ...

First National Bank hired Kelly Trombetta as Chief Operational Risk Officer. Trombetta is responsible for proactively assessing FNB‘s operational risk management program and ensuring that appropriate ...