Category Archives: Financial Risk

A major event for financial services companies across the globe is happening this weekend in Basel, Switzerland. Regulators from 27 countries are meeting there to finalize new rules that will impact how banks manage risk in the future.  Known as … Continue reading →

One of the new creations from the Dodd Frank Act of 2010 is the Office of Financial Research within the U.S. Department of Treasury. This new office’s mission is to delve into the inner workings of the financial system to … Continue reading →

CFOs in corporations around the world are becoming more involved in how their organization manages risk information.  There are many reasons for this, but the primary reason is that risk information has historically been managed in a rather fragmented way. … Continue reading →

New York Times August 9, 2010 “Only after the housing bubble began to deflate did Merrill and other banks begin to clearly divulge the many billions of dollars of troubled securities that were linked to them. In the third quarter … Continue reading →

Bloomberg Businessweek reported on August 27, 2010 that AIG’s insurers agreed to a settlement of $90 million for claims that the former top executive Hank Greenberg deceived investors. Insurers covering AIG managers agreed to resolve claims that Greenberg and other … Continue reading →