2008 Banking Risk Management 
Everest Group
MARCH 31, 2023
UBS’ takeover of longtime rival Credit Suisse in a rushed, deeply discounted deal has reverberations across the banking and financial services (BFS) IT services market and on service providers. Credit Suisse was already battling concerns when its biggest annual loss since 2008 exacerbated the situation.
Perficient Digital Transformation
OCTOBER 24, 2024
The impacts of AI on consumers, banks, nonbank financial institutions, and the financial system’s stability are all concerns to be investigated and potentially addressed by regulators. Hsu discussed the systemic risk implications of AI in banking and finance using a “tool or weapon” approach.
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Risk Guide
NOVEMBER 15, 2020
By Horst Simon, The Risk Culture Builder. Maybe the time has come to finally take the people side out of Risk Management—let us change the Basle definition and say Operational Risk is just systems, processes and external events, that is anyway the perception that was followed by most in the world.
Zinnov
NOVEMBER 23, 2022
During the 2008 financial crash, the global economy lost close to USD 1 Tn from debt. While the world tried to recover from the slowdown, a new predicament posed as a challenge to the Banking industry – new-age Fintech firms. But with a few strategic initiatives and consolidation of their offerings, banking can take a new turn.
Perficient Digital Transformation
AUGUST 16, 2023
Background On Friday, July 28, Heartland Tri-State Bank of Elkhart became the fourth U.S. bank to fail this year. A rather small bank, as of the end of its first quarter, the bank reported $139 million in total assets and $130 million in total deposits in its FDIC Call Report. He was promoted to President and CEO in 2008.
Risk Guide
FEBRUARY 7, 2022
Volumes have been written on the cause of the crisis the world is in, surveys have been done and many fingers are pointing in every direction—a couple of these are pointing straight at us, the Risk Professionals. It is time to renovate risk management. The basic Risk Management process cycle is one of those.
Perficient Digital Transformation
JUNE 25, 2024
Hsu discussed the systemic risk implications of AI in banking and finance using a “tool or weapon” approach. For banks interested in adopting AI, establishing clear and effective gates between each phase can help ensure that innovations are beneficial rather than harmful.
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