Compensation
Asia-Pacific banks revise conduct scorecards
DBS, Maybank and others tweak performance metrics to reward good behaviour over hard sales
How leading firms are preparing for the shift from Libor
Driven by declining liquidity in the unsecured interbank lending market, firms face a significant amount of planning in the lead up to 2021. Engrained in the very fabric of financial service providers, there is a warranted degree of uncertainty and…
Legal woes drain Barclays' capital
A $2 billion fine from the US Department of Justice contributed to a 60bp CET1 capital ratio decline
Citi overhauls bonus system to strengthen conduct culture
Poor conduct score can eliminate bonus regardless of profit contribution
Russian central bank slams ruling in $1bn Sberbank swaps case
Lawyers say shock court judgement in ruble options dispute “puts hundreds of contracts at risk”
Why traders ignore risks and go full speed ahead
Incentives often drive excessive risk-taking, while caution is punished
Talent drought threatens risk management, say firms
“Most acute shortages” are in operational risk, say recruitment consultants
Deferred bonuses won't curb risk-taking, research finds
Malus could be a more effective tool to influence risky behaviour, says author
Boards have no excuse for ignorance – Standard Life’s Grimstone
Need for strong boards, risk culture and internal audit emphasised at IIA conference
Trichet says banks must keep 'hammering' at their culture
G30 warns many banks are still lagging behind
PPI now a minority of complaints to UK regulator
Less than half of complaints received by the FCA concern PPI mis-selling
Banks should penalise excessive risk-takers
Hit them "in the pocket" says Credit Suisse op risk chief
Risk appetite: define, apply, control
Global Risk Institute outlines steps towards effective risk framework
Q&A: TSB's risk chief on op risk, incentives and transparency
Neeta Atkar highlights clear communication and focus on customer service over sales
Top Barclays executive sets out ways to assess risk culture
Senior auditor calls for mix of metrics and judgement
Forward march – Op risk integration strides on
Sponsored survey analysis: Protiviti
Portfolio managers' pay up 8% as capital flows back to funds
Pay packets up in 2014 as average hedge fund returns 3%
Human resource management key to minimising 'people risk'
HR needs to have closer ties to op risk – both would benefit
Top 10 op risks 2015: strategic risk
Op risk managers need to make their voices heard
Op risk still divorced from compensation – survey
Our research finds little op risk input on pay decisions
'Moral contagion' at the root of control failures
Pay reform won't solve all of banks' problems, academics warn
Interest rate mis-selling payouts hit £1.5bn for banks
FCA publishes details of compensation paid by nine UK banks
UK banks to face tighter oversight of management and conduct
PRA and FCA unveil new rules on bank bonuses and approval process