Operational risk
WHAT IS THIS? Operational risks are those arising from people, processes and systems – the biggest form of exposure for many industries, but one that was neglected by financial firms until the collapse of Barings Bank in 1995. It was added to the Basel capital framework in 2004, but attempts to model operational risk were dealt a heavy blow by the huge, unforeseen losses suffered by banks in the aftermath of the financial crisis.
Chasing the new
Management
Evolve or die
Management
Hedge funds' lack of op risk disclosures a concern
Daily news headlines
Calls for bank chiefs to repay bonuses
Daily news headlines
Algorithmics, RMA and RiskBusiness unite op risk resources
Daily news headlines
UK announces second bank rescue package
Daily news headlines
US props up Bank of America
Daily news headlines
Industry effort launched to find new reporting standards for risk
Daily news headlines
Basel Committee addresses stress testing
Daily news headlines
CEBS seeks comment on OP Risk Guidelines
Regulatory News
Justified expense
Management
The top 50 faces of operational risk
Top 50 Faces
Vendors feel the crunch as banks lie low
Management
A torrid year
Editor's Letter
Global banks have limited view of risk
Daily news headlines
Crisis sparks op risk technology investment
Daily news headlines
Risk Assessment
Management
Basel II looks set for post-crisis overhaul
Regulatory News