UniCredit Group has joined the Risk Analysis Service (RAS), a credit risk benchmarking service jointly developed by the Risk Management Association (RMA) and AFS that is designed to enhance risk management practices. RAS allows financial institutions to measure their respective risk profiles in defined portfolio segments relative to industry peers. Based on quarterly data from participating banks, RAS provides a metric that enables individual banks to monitor risk exposures and thereby improve risk measurement and management practices. RAS is also designed to help satisfy a number of the new regulatory reporting requirements mandated by Basel II.
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.