According to research by Standard & Poor’s Risk Solutions, banks around the world are paying increasing attention to sound credit risk management. ‘Senior bank executives from more than 30 banks revealed that progress has been made since Risk Solutions’ original benchmarking study in 2001,’ said Karen Van de Castle, Director, Credit Risk Services at Risk Solutions. ‘Banks face the same challenges in establishing enterprise-wide risk management practices, but they have made strides in managing performance data and implementing and validating systems that capture and evaluate the risks they face.’ The benchmarking study surveyed risk management executives at banks of various sizes around the globe.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.