I found myself reflecting on this Jerry Maguire catchphrase when I read recently that a growing number of banks are hiring non-bankers in senior risk management roles. The theory driving this trend is ...

On March 15, 2000, Robert Shiller published the cautionary tale 'Irrational Exuberance.' The Dot-com bubble burst seven trading days later, and the S&P 500 lost nearly half its value over the ...

Please note: This item is from our archives and was published in 2021. It is provided for historical reference. The content may be out of date and links may no longer function. Also, listen to news on ...

What is risk? Under the Foreign Corrupt Practices Act (FCPA) and UK Bribery Act risk is generally doing business in a non-compliant manner under these laws, where such action can increase the ...

While many of us in the financial services industry turn our sights to 2023, there is still much to be learned from a tumultuous 2022. After a period of relative financial calmness, volatility ...

That list closely resembles many of the efforts one would find when evaluating software applications, operating systems, and entire IT infrastructures that lack adequate levels of security: improper ...

Enron Corp.'s collapse has raised many questions relevant to financial services companies. In part two of a three-part series, American Banker examines whether the losses faced by banking companies ...

Your project is on schedule, until legal reviews take way longer than anticipated. You find out—too late—this exact situation happened with another a project a few years ago. Sound familiar?