Cyber crime, cyber attacks and rogue traders have cost banks around the globe a lot of money, and they are increasingly turning to insurance firms to counter those so-called operational risks. According to a report in Reuters, insurers have said they can protect lenders by giving them...
‘Too big to fail” has echoes of the financial crisis stretching through 2008 and beyond, where lenders of size, stressed and stretched by bad loans and lack of liquidity had to be bailed out before they took the global banking system down with them. But...
October 09, 2017
The European Commission announced it had conducted inspections into banks’ alleged anti-competitive practices in some EU states. According to a Reuters news report, the EU has concerns about the banks limiting rival financial firms from gaining legitimate online access to their customers’ data. Although it didn’t name a specific company, an EU statement said that […]
August 31, 2017
Cyber crime, cyber attacks and rogue traders have cost banks around the globe a lot of money, and they are increasingly turning to insurance firms to counter those so-called operational risks. According...
January 15, 2016
‘Too big to fail” has echoes of the financial crisis stretching through 2008 and beyond, where lenders of size, stressed and stretched by bad loans and lack of liquidity had...
