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Types of operational risk loss by event, January 2009 to January 2011

More losses from within the ‘Clients, products and business practices’ category

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The majority of this month’s top five losses fell under the ‘Clients, products and business practices’ heading, continuing a trend from the second half of 2010. January 2011’s data covered a variety of BIS business lines, with only two losses coming from the same business line. Charles Schwab’s and Barclays’ retail brokerage units both

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Emerging trends in op risk

Karen Man, partner and member of the global financial institutions leadership team at Baker McKenzie, discusses emerging op risks in the wake of the Covid‑19 pandemic, a rise in cyber attacks, concerns around conduct and culture, and the complexities of…

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