Discusses business risk modelling and how it has changed from its earlier days and its, then, less complexity. Looks at the concept of value‐at‐risk (VAR) and develops its impact on financial institutions and further examines thoroughly all the variants of VAR. Examines VAR for both...

Reports that banks have to implement additional risk management techniques owing to the failure of existing models to prevent losses that occurred as a result of financial upheaval. Discusses survey results of chartered accountants Deloitte and Touche, about the establishment of banks’ new...

States that information and help on managing business risk was sought by the Financial and Management Accounting Committee of the International Federation of Accountants (IFAC). Examines Pricewaterhouse‐Coopers part in this – in their guise as Global Risk Management Solutions and the...

Examines the severe shortage of skilled professionals and looks at how business is suffering regarding global risk management remuneration. Looks at how until very recently, risk management has been widely regarded not as a specific resource requirement, but as a mere “add‐on” service to...

Provides an outline to the author's approach to CSA and the approach for unorganization to achieve success with “soft issues”, such as its nature and culture. States that early statistics show financial catch‐up in corporate governance with minor exceptions in the banking industry. Looks...

Describes credit derivatives (CDs) and the beginning and meaning of this market with strengths and weaknesses. Wonders who should care most about CDs and gives the following examples: insurance companies; corporations; investors; and banks, giving full details of all, and stresses CDs make...

Discusses how risk managers can improve style and methods of their techniques. Sets out perspectives based on the author’s experiences as a director of Barclays Group and shows how to gain entry to the “top table” of management. Itemizes the four main drivers to make risk management an...