When Boris Johnson stood up in parliament to announce England’s new Covid-19 restrictions on September 22, people were quick to point out how arbitrary the new rules seemed. Would shutting pubs an ...

Recently, I spoke with several clients who had attended mortgage industry conferences. Each one of them pointed out the very same fact: Operational risk and regulatory compliance are the most ...

Chris Sullivan, Courion’s vice president of customer solutions, recently posted a blog entry about risk management. In it he quotes Warren Buffett, the world’s richest man and undisputed king of ...

Years ago, as an impressionable young banker, I was pulled aside by my manager for a chat. There are, he said, two kinds of rules in banking. Red rules are hard and fast — break them, and you could be ...

Risk-based pricing (RBP) refers to the practice of using a consumer's credit report, which reflects his or her risk of non-payment, in setting or adjusting the price and other terms of credit offered ...

US regulators, led by the Federal Reserve, have thwarted a push to make climate risk a focus of global financial rules, according to people familiar with the matter. European central bankers have been ...

NEW YORK/WASHINGTON (Reuters) - The Federal Reserve may scrap elements of international measures aimed at assessing bank health in favor of imposing its own rules, frustrating bankers who have spent ...