Tag:
Portfolio Risk
Latest Headlines
Latest Headlines
Operational risk and GRC still converging?
It's fair to say that risk management as a buzz word has achieved a rare preponderance in management suites. But the word connotes so many things. In the financial service industry, much of the focus has been on credit risk and portfolio risk. But there are other kinds of risk.
The risk that m
Dodd-Frank and the GRC imperative
You could argue that the birth of the GRC industry occurred when Sarbanes-Oxley ( Sarbox news) was passed back in 2002. Does the passage of Dodd-Frank mean anything at all for GRC?
There are several ways to spin it. You could say that the necessity of Dodd-Frank--a reflection of the financi
ERM in spotlight at banks
What exactly does risk management mean when it comes to banks and other financial institutions? There is no one answer really. The term carries a whole raft of connotations.
During the credit crunch, risk management certainly meant management of portfolio risk and counterparty risk and an
Bailout rejection a wrench for Buffett and Pandit
Warren Buffett made it known that his $5 billion wager on Goldman Sachs assumed that the government would take some sort of bailout action. Likewise, Citigroup's deal for Wachovia would have looked a lot better if the bailout had been approved. Of course, the FDIC will assume some of the Wachovia
