Risk Culture In Banking

Author : Alessandro Carretta,Franco Fiordelisi,Paola Schwizer
Publisher : Springer
Page : 436 pages
File Size : 52,5 Mb
Release : 2017-10-11
Category : Business & Economics
ISBN : 9783319575926

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Risk Culture in Banking by Alessandro Carretta,Franco Fiordelisi,Paola Schwizer Pdf

This book explores risk culture in banks following the financial crisis. It analyses the role of national and institutional risk culture, market competitiveness, organisational systems and institutional practices that led to a weakening of risk culture in financial institutions leading up to the financial crisis. It addresses how to assess and measure risk culture, and analyse the impact on performance and reputation. Finally it explores the impact of regulation and a variety of tools that can be applied from the board down to promote a healthy risk culture in the governance of financial institutions internal controls and risk culture in banks.

Author : E. Banks
Publisher : Springer
Page : 180 pages
File Size : 48,9 Mb
Release : 2012-09-11
Category : Business & Economics
ISBN : 9781137263728

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Risk Culture by E. Banks Pdf

Risk Culture is a practical volume devoted to the qualitative aspects of risk management, including those that should be firmly embedded in the corporate culture. Through descriptions, examples and case studies, the book analyzes weak and strong cultures and proposes a series of structural and behavioral actions to strengthen a company's culture.

Author : Frances Cowell,Matthew Levins
Publisher : John Wiley & Sons
Page : 392 pages
File Size : 54,6 Mb
Release : 2015-10-08
Category : Business & Economics
ISBN : 9781119115861

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Crisis Wasted? by Frances Cowell,Matthew Levins Pdf

Effective risk management in today’s ever-changing world Crisis Wasted? Leading Risk Managers on Risk Culture sheds light on today’s risk management landscape through a unique collection of interviews from risk leaders in both the banking and investment industries. These interviews zero in on the risk culture of organisations, effective risk management in practice, and the sometimes paradoxical effects of new regulations and how they affect decision-making in financial organisations They offer genuine insight into regulatory processes and priorities and their implications for the stability of the global financial system. As trending topics in the risk management field, each of these subject areas is relevant to the work of today’s risk management professionals. In addition to the forward-focused text, this reference provides access to a wealth of premium online content. Risk management has become an area of focus for companies since the financial crises that shook the international community over the past decade, but, despite high levels of introspection and changes to key processes, many financial houses are still experiencing large losses. Understanding today’s risk environment can help you improve risk management tactics. Access essential information both in print and online Discover the most important topics in today’s risk management field Explore interviews with 1 risk management leaders Learn about ground-breaking recent innovations in risk management thinking Crisis Wasted? Leading Risk Managers on Risk Culture is an integral resource for professionals responsible for minimising organisational risk, as well as those who want to better understand the risk culture of today’s world.

Author : E. Banks
Publisher : Palgrave Macmillan
Page : 180 pages
File Size : 43,5 Mb
Release : 2012-01-01
Category : Business & Economics
ISBN : 1349442712

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Risk Culture by E. Banks Pdf

Risk Culture is a practical volume devoted to the qualitative aspects of risk management, including those that should be firmly embedded in the corporate culture. Through descriptions, examples and case studies, the book analyzes weak and strong cultures and proposes a series of structural and behavioral actions to strengthen a company's culture.

Author : Patricia Jackson
Publisher : Unknown
Page : 128 pages
File Size : 49,5 Mb
Release : 2014
Category : Electronic
ISBN : 1782720995

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Risk Culture and Effective Risk Governance by Patricia Jackson Pdf

Author : Martina Raue,Eva Lermer,Bernhard Streicher
Publisher : Springer
Page : 379 pages
File Size : 51,6 Mb
Release : 2018-09-18
Category : Psychology
ISBN : 9783319924786

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Psychological Perspectives on Risk and Risk Analysis by Martina Raue,Eva Lermer,Bernhard Streicher Pdf

This authoritative collection goes beyond economic statistics and probability data to offer a robust psychological understanding of risk perception and risk taking behavior. Expert contributors examine various risk domains in life, and pinpoint cognitive, emotional, and personality factors contributing to individual differences in risk taking as well as the many nuances social demographics (e.g., culture, gender) bring to risk decisions. Coverage takes competing theories and studies into account to identify mechanisms involved in processing and acting on uncertainty. And implications and applications are demonstrated in varied fields, from updated risk models for the insurance sector to improved risk communication in health services to considering risk perception in policy decisions. A sampling of the topics: Personality and risk: beyond daredevils—risk taking from a temperament perspective. Cognitive, developmental, and neurobiological aspects of risk judgments. The group effect: social influences on risk identification, analysis, and decision-making. Cognitive architectures as a scaffolding for risky choice models. Improving understanding of health-relevant numerical information. Risk culture as a framework for improving competence in risk management. Psychological Perspectives on Risk and Risk Analysis will be of great interest to researchers in and outside of psychology, including decision-making experts and behavioral economists. Additionally, this volume will appeal to practitioners who often have to make risky decisions, such as managers and physicians.

Author : Michelle Tuveson,Daniel Ralph,Kern Alexander
Publisher : Cambridge University Press
Page : 305 pages
File Size : 46,7 Mb
Release : 2020-05-28
Category : Business & Economics
ISBN : 9781108476102

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Beyond Bad Apples by Michelle Tuveson,Daniel Ralph,Kern Alexander Pdf

Argues that risk culture is driven by institutional forces - not "bad apples," as prevailing opinion holds.

Author : Philippa X. Girling
Publisher : John Wiley & Sons
Page : 393 pages
File Size : 54,8 Mb
Release : 2022-02-17
Category : Business & Economics
ISBN : 9781119836056

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Operational Risk Management by Philippa X. Girling Pdf

Identify, assess, and mitigate operational risk with this practical and authoritative guide In the newly revised second edition of Operational Risk Management: A Complete Guide for Banking and Fintech, accomplished risk executive and expert Philippa Girling delivers an insightful and practical exploration of operational risk in organizations of all sizes. She offers risk professionals and executives the tools, strategies, and best practices they need to mitigate and overcome ever-present operational risk challenges that impact business in all industries. This latest edition includes: Insight into how operational risk can be effectively managed and measured in today's digital banking age. Updates on the latest regulatory guidance on operational risk management requirements in all aspects of the operational risk framework. Updates on the new Basel II capital modeling methodology for operational risk. New explorations of operational risk events in recent years including the impact of the global Covid-19 pandemic. Updated case studies including large events at Wells Fargo, Credit Suisse and Archegos Capital Management. Ideal for executives, managers, and business leaders, Operational Risk Management is also the perfect resource for risk and compliance professionals who wish to refine their abilities to identify, assess, mitigate, and control operational risk.

Author : Ashraf Khan
Publisher : International Monetary Fund
Page : 51 pages
File Size : 54,9 Mb
Release : 2016-02-23
Category : Business & Economics
ISBN : 9781498376051

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Central Bank Governance and the Role of Nonfinancial Risk Management by Ashraf Khan Pdf

This paper argues that nonfinancial risk management is an essential element of good governance of central banks. It provides a funnelled analysis, on the basis of selected literature, by (i) presenting an outline of central bank governance in general; (ii) zooming in on internal governance and organization issues of central banks; (iii) highlighting the main issues with nonfinancial risk management; and (iv) ending with recommendations for future work. It shows how attention for nonfinancial risk management has been growing, and how this has amplified the call for better governance of central banks. It stresses that in the area of nonfinancial risk management there are no crucial differences between commercial and central banks: both have people, processes, procedures, and structures. It highlights policy areas to be explored.

Author : Elie Chamoun,Nicolas Denewet,Antonio Manzanera,Sanjeev Matai
Publisher : International Monetary Fund
Page : 27 pages
File Size : 52,6 Mb
Release : 2019-12-27
Category : Business & Economics
ISBN : 9781513525693

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Risk Management Maturity Assessment at Central Banks by Elie Chamoun,Nicolas Denewet,Antonio Manzanera,Sanjeev Matai Pdf

Effective risk management at central banks is best enabled by a sound framework embedded throughout the organization that supports the design and execution of risk management activities. To evaluate the risk management practices at a central bank, the Safeguards Assessments Division of the IMF’s Finance Department developed a tool that facilitates stocktaking of elements that are present and categorizes the function based on its maturity. Tailored recommendations are then provided to the central bank which provide a roadmap to advance the risk management function.

Author : Mark Laycock
Publisher : John Wiley & Sons
Page : 348 pages
File Size : 48,6 Mb
Release : 2014-03-28
Category : Business & Economics
ISBN : 9781118497456

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Risk Management At The Top by Mark Laycock Pdf

With over 30 years’ experience of risk management in banks, Mark Laycock provides a comprehensive but succinct non-technical overview of risk and its governance in financial institutions. Bridging the gap between texts on governance and the increasingly technical aspects of risk management the book covers the main risk types experienced by banks – credit, market, operational and liquidity - outlines those risks before considering them from a governance perspective including the Board and Executive Management. Addressing terminology issues that can confuse dialogue, and by providing a bibliography alongside each chapter for more detailed discussion of the topic this book will ground readers with the knowledge they require to understand the unknown unknowns.

Author : Patrick S. Kenadjian,Andreas Dombret
Publisher : Walter de Gruyter GmbH & Co KG
Page : 179 pages
File Size : 43,6 Mb
Release : 2016-10-24
Category : Law
ISBN : 9783110497410

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Getting the Culture and the Ethics Right by Patrick S. Kenadjian,Andreas Dombret Pdf

This volume is a collection of articles based upon presentations given on November 23, 2015 at a conference hosted by the Institute for Law and Finance entitled "Towards a New Age of Responsibility in Banking and Finance: Getting the Culture and the Ethics Right" which brought together leaders from the public and private sectors to discuss the importance of culture and ethics in restoring public trust in financial institutions.

Author : Fred Bell
Publisher : Kogan Page Publishers
Page : 377 pages
File Size : 50,8 Mb
Release : 2019-12-03
Category : Business & Economics
ISBN : 9780749482916

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Culture, Conduct and Ethics in Banking by Fred Bell Pdf

Endorsed by the Chartered Banker Institute as core reading for its professional qualifications, Culture, Conduct and Ethics in Banking emphasizes the importance of professionalism for banks, and explores how all staff play a key role in putting customers at the heart of their business. Taking an applied approach, it aims to develop the reader's capability to: recognize and contribute towards balanced outcomes for consumers and organizations; understand the impact of reputational deficit; and understand the personal impact of an individual in the workplace. From a discussion of the main branches of ethical thinking to an overview of regulation and legislation in the UK and internationally, this book covers the theory and practice of conduct and professionalism in banking. Chapters contain activities and industry case studies, and further reading and viewing suggestions are included to help develop a deeper understanding of the topics covered. With fully referenced discussion of conflicts of interest, decision making models, the role of professional bodies, corporate governance, conduct risk management and the Global Financial Crisis 2007-08, Culture, Conduct and Ethics in Banking is the essential guide for finance professionals.

Author : Anonim
Publisher : Unknown
Page : 78 pages
File Size : 46,8 Mb
Release : 2015
Category : Bank management
ISBN : 1567081665

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Banking conduct and culture : a call for sustained and comprehensive reform by Anonim Pdf

Author : Organization for Economic Cooperation and Development
Publisher : OCDE
Page : 0 pages
File Size : 54,9 Mb
Release : 2014
Category : Business ethics
ISBN : 9264208623

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Risk Management and Corporate Governance by Organization for Economic Cooperation and Development Pdf

This sixth peer review of the OECD Principles of Corporate Governance analyses the corporate governance framework and practices relating to corporate risk management, in the private sector and in state-owned enterprises. The review covers 26 jurisdictions and is based on a general survey of all participating jurisdictions in December 2012, as well as an in-depth review of corporate risk management in Norway, Singapore and Switzerland. The report finds that while risk-taking is a fundamental driving force in business and entrepreneurship, the cost of risk management failures is often underestimated, both externally and internally, including the cost in terms of management time needed to rectify the situation. The reports thus concludes that corporate governance should ensure that risks are understood, managed, and, when appropriate, communicated.