Over 80 banks in America have been closed down this year and others have announced higher trading losses amidst increased regulatory scrutiny. Finland was the first country to announce a double dip recession. Northern Rock cut 650 jobs as part of their restructuring efforts. We’re obviously not out of the
SAS and the Economist Intelligence Unit (EIU) have announced the release of the 2010 EIU report, "Rebuilding trust: Next steps for risk management in financial services," sponsored by SAS. The 2010 report includes the results of an online survey - that attracted 346 global respondents, all executives with risk management
Recent research conducted by the Economist Intelligence Unit on behalf of SAS illustrates both the scope of the proposed reforms and the scale of the challenge ahead in risk management. In March 2009, the Economist Intelligence Unit conducted a global survey of 334 senior financial services professionals, of whom 50
At the World Economic Forum in Davos, Switzerland, many financial experts spoke about what is needed to unleash the lenders, keep the books simple, and bring on more rules to improve the financial markets and avoid another global financial crisis. Is nationalizing global banks the answer, as some experts have
I was reading an article in Project Manager Today magazine (more interesting than it might sound) about 'Unknown Unknowns and Risk' and it made reference to Donald Rumsfeld's infamous comment about "we know there are some things we do not know". Actually, he was making sense in a garbled sort
How much time should be devoted to preparing for an important challenge? Depends on the challenge, I hear you say. From my experience, it is important to be aware of the challenges to be confronted when completing a significant project. Not under-estimating the real effort required, often depends on fitness
I recently visited New York to attend the PRMIA Frontiers of Technology Forum to hear and discuss the main issues that are impacting the world of risk management. While I was travelling, the airline misplaced my luggage. Reliable information, whether it’s related to finance, risk, marketing, sales – or to
