Chief Executive

MARCH 21, 2023

Official insurers include Overseas Private Investment Corporation, “OPIC” (associated with the United States Department of State), Multilateral Investment Guarantee Agency, “MIGA” (associated with the World Bank), and Exports Credits Guarantee Department, “ECGD” (a United Kingdom government agency).

Insurance 97

Insurance Assets Real Estate Banking 97

High Scalability

AUGUST 16, 2023

Either way I’m sure the whole episode will have been a big wake up call for the people at the bank whose job it is to ensure adequate risk and change controls. ” But is the bank safe though? That’s a lot of money to you and me, but probably didn’t impact their bottom line very much. ” Gulp.

Banking 40

Banking Change Management Risk Management Software 40

Harvard Business Review

MAY 3, 2011

An MBA student once asked me to give her a simple explanation of the "risk management function." After a few minutes of fumbling, I told her that risk management is the process of identifying, prioritizing, and mitigating the impact of unforeseen (and usually negative) events.

Risk Management 16

Risk Management Manager Staffing Hospitality 16

UVA Darden

JANUARY 23, 2023

the inclusion of ESG factors into financial analysis, portfolio construction and risk management) are more popular among institutions in the U.S. Before Darden, Matos served as an economist for the Portuguese Ministry of Finance and as a consultant for the World Bank in Washington, D.C., and other parts of the world.

Assets 98

Assets Business Administration Government Administration 98

Harvard Business Review

MAY 23, 2012

The recent disclosure of a multi-billion dollar trading loss at JPMorgan Chase reminds us again of the challenge and complexity of risk management, the subject of our June 2012 HBR article, "Managing Risks: A New Framework." Each requires customized risk management processes.

Risk Management 11

Risk Management Manager Banking Compliance 11

Harvard Business Review

OCTOBER 13, 2011

Bank marketing materials focus on the dreams, anxieties and goals of consumers. Risk management processes don't — but they should. Most audits and regulations of banks are focused on certifying the integrity of data and controls. Risk education: Gaming enables risk education for both banks and users.

Banking 14

Banking Risk Management Education Manager 14

Harvard Business Review

JUNE 28, 2012

An interview with Sallie Krawcheck , former president of Bank of America Global Wealth & Investment Management and author of the article Four Ways to Fix Banks. Download this podcast. A written transcript will be available by July 5.

Banking 15

Banking Manager Risk Management 15

Harvard Business Review

SEPTEMBER 20, 2011

But their shame pales into invisibility compared to the humiliation inflicted on Switzerland's biggest bank. The acknowledged breakdown in systems oversight and risk controls is simply shocking. The board's own processes lacked accountability for evaluating the firm's risk exposures, assessments, and management.

Banking 12

Banking Risk Management Government Succession Planning 12

AIHR

AUGUST 10, 2021

HR continues to review that data for absence patterns and alerts managers to the trigger points that seem to precede employee absences. One real-world instance is that of PNC Bank , which embraced an evidence-based mindset on performance management.

Benefits 98

Benefits Human Resources Recruitment Implementation 98

Harvard Business Review

JUNE 12, 2012

Despite the new regulatory regime, big banks continue to suffer from significant governance challenges. Boards have limited time to wade through the substantial complexity of the banks' businesses. This poses significant risks not just to banks but potentially to the entire economy during the next downturn.

Banking 14

Banking Metrics Revenue Government 14

Vantage Circle

MAY 2, 2019

What Is Crisis Management? In a nutshell, crisis management or risk management is the series of actions taken by a company during the event of a crisis. Lehman Brothers were one of the world’s largest investment bank with a history of 163 years. A negative event tends to hinder business and even harm people.

Manager 81

Manager Employee Engagement Compensation Travel 81

Harvard Business Review

MAY 15, 2012

Institutional banking businesses — including trading operations — typically don't have high barriers to entry. financial institution has pulled back or failed, there has almost always been a European bank or a Japanese bank or some other player willing to take over its trading operations or enter the market in its place.

Banking 12

Banking Government Operations Marketing 12

Chief Executive

OCTOBER 28, 2022

The mobile app is a one-stop solution giving employees a holistic view of their benefits, such as a 401(k) plan and health savings account, in addition to their personal banking and credit card accounts and loans. Using advanced analytics, we hope to produce smarter and better risk models for our insurance and risk management clients.

Digital Transformation 52

Digital Transformation Insurance Benefits Risk Management 52

Harvard Business Review

JUNE 13, 2012

For enterprise risk management, key policies include a statement of risk appetite and explicit risk tolerance levels for critical risks. The company's performance measurement and incentive systems, and the degree to which risk management is considered, will also have a profound impact on employee behavior.

Manager 16

Manager Banking Risk Management Compensation 16

Harvard Business Review

OCTOBER 3, 2013

Many other major financial institutions — Bank of America , Citigroup, HSBC, Barclay’s, Wells Fargo, UBS, etc. But, at the end of the day, it is bank leaders and employees who must take the right business, legal and ethical actions under existing law. JP Morgan is the biggest of them all with $2.3 trillion in assets ,$1.1

Banking 8

Banking Manager Risk Management Compliance 8

Harvard Business Review

MARCH 5, 2012

For this same reason, even "orthodox" businesses like banks that are not local outlets of multinationals maintain a wide array of subsidiaries that, considering their size (until recently, many such banks had a capitalization lower than $40 million), seems baffling.

Banking 20

Banking Small Business Risk Management Inclusion 20

Harvard Business Review

SEPTEMBER 14, 2012

Paul Tucker, Deputy Governor of the Bank of England, and the person leading the Financial Stability Board's recovery and resolution work programme, believes that banks have "nowhere to hide" in the post-crisis era and must face navigate stress in the future without relying on Government support. Iceland, Ireland).

Banking 8

Banking Balance Sheet Government Marketing 8

Harvard Business Review

SEPTEMBER 14, 2018

Ever since the forced bankruptcy of the investment bank Lehman Brothers triggered the financial crisis 10 years ago, regulators, risk managers, and central bankers around the globe have focused on shoring up banks’ ability to withstand financial shocks. Peter Dazeley/Getty Images.

Banking 15

Banking Assets Risk Management Accounts 15

Harvard Business Review

MAY 24, 2012

Every large financial services company has instituted risk management, but that hasn't prevented risky behavior in the form of office politics and personality conflict — as the JP Morgan trading debacle has demonstrated. Risk management isn't exclusive to banking. Risk management isn't exclusive to banking.

Risk Management 14

Risk Management Insurance Banking Accounts 14

Harvard Business Review

MARCH 5, 2012

You can make customers provide more rigorous authentication before they make a transaction, or have managers limit distribution of sensitive plans. Unfortunately, though, it's all too easy to grind your business to a halt with doctrinaire security policies.

Risk Management 15

Risk Management Banking Onboarding Media 15

Harvard Business Review

NOVEMBER 23, 2016

These threats change the risk management calculus of firms hoping to succeed in a more turbulent world. Start-ups are particularly at risk today because of both their size and age. Make risk a strategic priority. Small businesses and young businesses are especially vulnerable. Data from the U.S.

Insurance 13

Insurance Risk Management Small Business Cash Flow 13

Walk Me

OCTOBER 11, 2022

HRIS software stores all employee data, including general personal data, role and salary history, insurance plans and benefits administration data, banking details, and performance management information. ERP software manages all non-human resources, such as supply chain management, procurement, accounting, and risk management.

Software 52

Software Manager Workflows Onboarding 52

Harvard Business Review

OCTOBER 6, 2016

Former employees have alleged a “soul-crushing” culture of fear and daily intimidation by managers, where they were pressured to reach extreme sales goals, some by breaking the law. The bank has since fired 5,300 employees for the illegal behavior and eliminated retail bank sales goals entirely.

Banking 14

Banking Sales Sales Accounts 14

Harvard Business Review

MAY 16, 2017

As cyber threats grow exponentially, comprehensive risk management is now a board-level priority. Indeed, the iconic investor Warren Buffett highlighted cyber risk as one of the gravest concerns facing humanity during Berkshire Hathaway’s annual meeting. When we say all employees have to be risk agile, we mean all.

Risk Management 15

Risk Management Banking Software Scaling 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. Adverse selection.

Banking 15

Banking Risk Management Marketing Government 15

Harvard Business Review

MAY 31, 2012

boss, Ina Drew , the former head of their unit in of the bank's, the Chief Investment Office (CIO); and CEO Jamie Dimon, to whom the CIO reported who oversaw the CIO. Drew quickly retired after the losses, and Iksil and Macris are, according to news reports, leaving the bank.

Risk Management 9

Risk Management Banking Compensation Accounts 9

Walk Me

FEBRUARY 21, 2024

Whether that’s risk management, banking , or software development, simulation training has something to offer. As we explain these different formats, we will see that most of these types of training are not specific to any one industry.

Implementation 52

Implementation Project Management Software Staffing 52

Walk Me

FEBRUARY 21, 2024

Whether that’s risk management, banking , or software development, simulation training has something to offer. As we explain these different formats, we will see that most of these types of training are not specific to any one industry.

Implementation 52

Implementation Project Management Software Staffing 52

Harvard Business Review

OCTOBER 1, 2013

That comes after a nearly $1 billion deal just a few days ago to end civil investigations into several matters including the bank’s multi-billion-dollar “ London Whale ” trading loss. Then there are the two former bank employees that authorities have been trying to arrest ( one successfully ) for their roles in the London Whale events.

Compensation 13

Compensation Banking Risk Management Accounts 13

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

FEBRUARY 2, 2012

The disgraced former Royal Bank of Scotland CEO was stripped of his knighthood "for services to banking." Barely four years after Goodwin's elevation, his bank — Great Britain's wealthiest — effectively collapsed and was nationalized.

Compensation 15

Compensation Banking Software Sales 15

Harvard Business Review

MARCH 1, 2017

Money, equities, bonds, titles, deeds, contracts, and virtually all other kinds of assets can be moved and stored securely, privately, and from peer to peer, because trust is established not by powerful intermediaries like banks and governments, but by network consensus, cryptography, collaboration, and clever code. Insight Center.

Banking 15

Banking Insurance Assets Government 15

Harvard Business Review

MARCH 26, 2015

But in the aftermath of the financial crisis, risk managers have become increasingly involved in business strategy and decisions. those without bank accounts), by adopting the more dynamic “customer life cycle” view. The risk function can do the same. Marketing Risk management Collaboration'

Risk Management 14

Risk Management Cash Flow Marketing Telecommunications 14

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 23, 2012

The traders at JP Morgan wanted to make money for the bank. Any undertaking that promises high returns incurs risks; what kind of world would we live in if all our business managers were risk-averse? MORE ON MANAGING RISKY BEHAVIORS. The Six Mistakes Executives Make in Risk Management.

Manager 12

Manager Risk Management Banking Accounts 12

Harvard Business Review

JANUARY 9, 2015

I don’t know how far he’s going to go, but I know that we’ve seen major cyberattacks against American banks , and against the White House that have come from Russia. What are we going to do if a major American bank suddenly has all of their dirty laundry exposed and it turns out it came from the Russian government?

Banking 13

Banking Government Marketing Risk Management 13

Harvard Business Review

AUGUST 9, 2018

Many banks and large corporations employ artificial intelligence to detect and prevent fraud and money laundering. Businesses are constantly experimenting with new ways to use artificial intelligence for better risk management and faster, more responsive fraud detection — and even to predict and prevent crimes.

Benefits 8

Benefits Banking Risk Management Real Estate 8