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Top five losses: Barclays occupies three slots in loss chart

Latest data on op risk losses from SAS

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Barclays: unwelcome appearances on latest loss rankings

Losses remained low in November, despite several large settlements. Manipulation of the London interbank offered rate (Libor), doing business with sanctioned entities and the robo-signing of documents continue to affect financial institutions, with the consequences of the Libor scandal a particular issue.

In November, Barclays became the first to settle with over-the-counter investors who placed

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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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