
Bank of the year: Nordea
Business continuity overhaul lets Nordea stand out

After the devastation caused by superstorm Sandy in October 2012, it is unsurprising that business continuity was a priority for the financial sector in 2013. In August, the US Securities and Exchange Commission released a risk alert accusing US investment advisers of opting out of critical business continuity tests in preparation for the storm. Earlier in the year Carolyn DuChene, deputy comptroller for operational risk at the Office of the Comptroller of the Currency, expressed concerns to OpR
More on Awards
Most read on Risk.net
- Asia moves: Natixis sales head moves to Barclays, new banking head for StanChart Singapore, and more
- Functional programming reaches for stardom in finance
- Banks hope final FRTB rules will ease NMRF burden
- Banks use machine learning to ‘augment’ corporate sales
- Buy-siders eye ways to get ahead of US resolution stay rules