Harvard Business Review

JUNE 8, 2012

Subprime mortgage losses turned out to be much smaller than expected —$300 billion, according to the Federal Crisis Inquiry Commission—and non-bank lenders suffered most of those losses (notwithstanding mark-to-market losses from credit downgrades). Banks are the vehicle through which the economy puts short-term savings to work.

Real Estate 15

Real Estate Banking Government Assets 15

Harvard Business Review

MARCH 22, 2018

My perspective and approach to misconduct risk are influenced by my work as a bank supervisor, and by my background and training as an economist. In my view, bank supervision must include attention to the culture at financial firms, not just to their financial safety and soundness.

Banking 15

Banking Risk Management Marketing Government 15

Harvard Business Review

MAY 20, 2013

The annual 10-K report that JPMorgan Chase filed with the SEC in February includes a 13-page section on "Risk Factors." This is of particular import at a giant bank like JPMorgan Chase, where bondholders, depositors, the Federal Deposit Insurance Corp., He won''t be around forever, though. to strip him of his Chairman title.

Banking 11

Banking Succession Planning Operations Insurance 11

Harvard Business Review

MAY 1, 2012

And he was not compensated for his presentation to my class.). The mispriced investments and derivatives at Enron look similar to mortgage-backed securities at banks or companies with a disproportionate amount of Level 3 fair-value assets (illiquid assets with highly subjective estimated values). million in cash and property.

Balance Sheet 15

Balance Sheet Assets Banking Accounts 15

Harvard Business Review

JUNE 8, 2012

Subprime mortgage losses turned out to be much smaller than expected —$300 billion, according to the Federal Crisis Inquiry Commission—and non-bank lenders suffered most of those losses (notwithstanding mark-to-market losses from credit downgrades). Banks are the vehicle through which the economy puts short-term savings to work.

Real Estate 10

Real Estate Banking Government Assets 10

Harvard Business Review

JANUARY 24, 2013

And unfortunately, they suggest that, in our huge, complex financial institutions, major failures of organizational discipline and major losses are likely to recur, despite greater attention to risk management. million in 2012 — because of his "Whale-related" failures, and that JPM had posted a record 2012 net income of $21.3

Risk Management 8

Risk Management Banking Compensation Government 8

Harvard Business Review

OCTOBER 11, 2013

banks can use in their business. According to a 1992 study by the Government Accountability Office, the average leverage ratio for the top 13 investment banks was 27-to-1 during 1991 (up from 18-to-1 in 1990). drop in asset prices would wipe out the equity of the bank. Ethics Finance Risk management'

Assets 8

Assets Banking Compensation Risk Management 8

Harvard Business Review

AUGUST 23, 2016

However, Republican directors are more likely to identify the compensation committee as the least effective committee. Interestingly, Republican directors think the compensation level of the CEO of their company is “too high.” Meanwhile, Democrats place greater importance on technology expertise and risk management.

Telecommunications 11

Telecommunications Diversity Real Estate Compensation 11

Harvard Business Review

MAY 15, 2013

The next time we hear about a bank or insurance company''s "green program" — like using energy efficient light bulbs or operating out of a LEED Platinum building — we''ll either scream or throw up. The result is a "heads the bank wins, tails society loses" set of outcomes. Don''t get us wrong.

Banking 8

Banking Insurance Energy Government 8

Harvard Business Review

FEBRUARY 3, 2014

The bank earned about $18 billion, down from $21 billion the year before. He criticized the bank and himself for the Whale. They arose in different parts of the bank, not just one dysfunctional unit. They have seriously corroded the bank’s reputation with regulators, a number of investors, and the public.

Accounts 8

Accounts Banking Compensation Compliance 8

Harvard Business Review

JULY 16, 2013

The industry with the greatest skills gap was IT & telecommunications, whose boards are in serious need of international-global expertise and HR-talent management. The region with the greatest board-level skills gap is Asia, where risk management and M&A adeptness are sorely needed.

Telecommunications 10

Telecommunications Real Estate Risk Management Succession Planning 10

Harvard Business Review

JULY 17, 2017

How will the crisis of problematic loans in Italian banks be resolved? And the sharp rise in markets-based compensation — including high-powered incentives for money managers and equity compensation for CEOs — has further fueled the depth and breadth of these errors.

Insurance 8

Insurance Compensation Marketing Education 8

Harvard Business Review

DECEMBER 26, 2017

Think of compensation and benefits policies, product design standards, quality assurance methods, fraud reporting procedures, financial reporting systems, and the like. Reliability through compliance. These rules are meant to align the operating units with the company’s overall objectives, and make the business more predictable.

Operations 8

Operations Scaling Compliance Benefits 8

AIHR

SEPTEMBER 20, 2021

At Marsh —an insurance brokerage and risk management company—CEO Peter Zaffino regularly has joint discussions with his CFO and CHRO, which helps to ensure the organization aligns with desired business goals. An example of this in practice is at BBVA —a US banking franchise. Drive upskilling initiatives.

Human Resources 105

Human Resources Inclusion Diversity Operations 105

Vantage Circle

JANUARY 9, 2024

Here are some of the must-have features: Core HR Management: Employee Database : A centralized repository for employee information, including personal details, work history, and contact information. Payroll Management : Automated payroll processing to ensure accurate and timely compensation.

Software 64

Software Compliance Onboarding Administration 64

Harvard Business Review

APRIL 24, 2014

A World Bank study tells us that the cost of land in Dhaka, where hundreds of thousands of garment workers live, is comparable to suburban New York. It will be when someone feels comfortable to speak up — and when managers and companies begin listening. Global business Risk management Supply chain' This needs to change.

Government 10

Government Risk Management Operations Compliance 10

Harvard Business Review

SEPTEMBER 5, 2012

equity sales at the time — he was one of the highest-ranking African-American executives in the company — but Will wanted him to give up that position and become the bank's first managing director of diversity recruiting, reporting directly to the CEO. Charles was running U.S. Charles shook his head. This is a business.

Diversity 9

Diversity Banking Recruitment Staffing 9

Harvard Business Review

SEPTEMBER 26, 2012

Confronting this ambiguity, the pilots appear to have reverted to rote training procedures that likely made the situation worse: they banked into a climb designed to avoid further danger, which also slowed the plane's airspeed and sent it into a stall. Each of these safety features, however, also increases the complexity of the whole.

Banking 8

Banking Compensation Culture Change Diversity 8

Peter Winick

NOVEMBER 25, 2024

Rajeev Peshawaria Well, you know, I started out as a banker and after a few years in in mainland banking, I was a currency trader back in the mid-18th century. We are linking CEO compensation with ESG markers. So ESG is seen as a risk management framework or a plus problem or a compliance. Rajeev Peshawaria Yeah.

Compliance 221

Compliance Talent Development Education Risk Management 221

AIHR

MARCH 28, 2025

Job architecture Job architecture is a framework that serves as a foundation for compensation. Compensation & benefits An essential part of keeping employees engaged is making sure they receive fair compensation for their work. It includes compensation package details and secondary employee benefits.

Human Resource Information Systems (HRIS) 96

Human Resource Information Systems (HRIS) Compliance Benchmarking Recruitment 96

Harvard Business Review

JULY 13, 2017

Risk taking by big U.S. banks exploded in the years leading up to the 2008 financial crisis, with disastrous consequences for American firms, markets, and households. But why did banks get in so deep with derivatives, particularly after Washington tried to crack down on risk with new laws and regulations in the early 2000s?

Banking 8

Banking Risk Management Real Estate Compliance 8