
Pandemic Reshapes Banks’ Internal Risk Response
Even the best employee can do or say something that could put their company in a difficult position, and COVID makes conduct and internal risk issues even more acute.
Even the best employee can do or say something that could put their company in a difficult position, and COVID makes conduct and internal risk issues even more acute.
Conduct issues have driven some of the most significant enforcement actions, including those affecting the reputation of the industry, both in the United States and around the world. As regulators and bankers take a close look at conduct risk, the ABA Banking Journal Podcast welcomes the global head of conduct risk at Credit Suisse.
Bank boards are more active in overseeing executive compensation, and a broader range of units within banks have input into compensation, according to a progress report released today by the Basel, Switzerland-based Financial Stability Board.