Too good to fail
Rapidly evolving market and regulatory demands are spurring banks and other financial institutions to fundamentally re-examine the way they govern and manage risk.
As we outline in this article, turning risk management into a key source of competitive advantage is therefore likely to require a major overhaul of how risk management is organised, perceived and works with the business. There is no one-size-fits-all solution as each business has different characteristics and objectives. However, it is important to make sure that the way risk is managed and governed is tailored to, and aligned with, the business model.
Current issue: The Journal - Brave new world: New frontiers in banking M&A
The decline in banking M&A over the past three years represents a radically changed economic and regulatory environment, and the end of previous assumptions about the banking industry models.
