Operational risk
Former Citigroup employee charged with fraud
Former vice-president of Citigroup's treasury finance department charged with bank fraud
RBS faces $100 million lawsuit in US
RBS being sued in the US by Highland Capital for $100 million
OECD calls for greater access to data and increased risk modelling for regulators
The OECD highlights a lack of access to data and a need for varying risk models for regulators and risk managers
Former CME employee charged with data theft
A former employee of CME Group has been arrested and charged with stealing data from the firm
OECD calls for a permanent risk body
With the increased global threat of risk in the financial and other systems, the OECD calls for a permanent risk body within its organisation
Inconsistent regulations delaying AMA rollouts globally, banks say
Pillar II is causing banks to face challenges from host regulators
Change of governance
Change of governance
OpRisk Europe 2011: Video
OpRisk Europe speakers and delegates give insight into the 13th annual OpRisk conference
Peer review needed to prevent regulatory arbitrage, says AMF
Clearing rules 'won't work' unless US and European regulators can agree on detail, says senior French regulator
OpRisk Asia: reputation is a different breed of risk, panel says
Reputational risk can be managed but not modelled, speakers say
OpRisk Asia: regional growth could undermine ORM, conference hears
Continuing growth in the Asian market means expansion could override caution in operational risk
OpRisk Asia: regulatory change bigger than it looks for operational risk
Regulatory reforms seem to have left operational risk untouched, but in reality they mean substantial changes
Bank of America appoints new chief technology officer for GWIM unit
BofA has appointed David Reilly as its chief technology officer for its GWIM unit
Stockton retires from FRB
David Stockton will be retiring from the FRB ths year after 30 years of service
SEC appoints Lewis as director of RiskFin
The SEC appoints Craig Lewis as its chief economist and director of the risk, strategy and financial innovation division
Triffitt becomes risk director at KPMG in London
KPMG has appointed Giles Triffitt as risk director in its risk management division in London
SEC accuses China Voice founder of fraud
The SEC has charged China Voice CFO and associates with fraud
SEC charges Madoff employee with fraud
Longtime Madoff employee Eric Lipkin is charged by SEC in connection with Madoff Ponzi scheme
FSA fines Bank of Scotland for mishandling customer complaints
The FSA has fined Bank of Scotland for mishandling customer complaints relating to retail investment products
Former Nasdaq director Johnson charged with insider trading
Ex-Nasdaq managing director Donald Johnson has been charged by the SEC with insider trading
Theye charged with multimillion-dollar Ponzi scheme
CFTC charges Austin man with defrauding investors in a multimillion-dollar Ponzi scheme
Egan and McGarry sentenced over $60 million fraud
Two New Yorkers have been handed prison terms for their part in a $60 million fraud
GRC special report: MetricStream sponsored feature
Five key trends in risk management