Investigates risk and the difference e‐commerce has had on global markets and, in particular, how Western experts managed to get wrong the prospects for the future with regard to banks in Russia and Indonesia. Posits that analysing risk can be done in four different ways: identifying risk...

Looks at some case studies from the world of global risk management and analyses their successes and failures.

Wonders why there is so much excitement about risk management? States, whatever the reason, that organizations may lose out if they do not use the real value within the regulatory requirements (Turnbull/Combined Code). Posits that the effectiveness of risk management depends wholly on the...

Provides an overview of the directions, including wrong turnings, in which European and global banking is heading. Based on the viewpoint of Howard Davies, the head of the UK regulatory body the Financial Services Authority, covers issues such as greater regulation, Internet services and erosion...

Considers the issue of outsourcing the bank’s corporate treasury function. Looks at the benefits and disadvantages involved. Discusses the way in which outsourcing can be achieved. Explains the value of currency overlay.

Considers the difficulties experienced by banks in implementing integrated asset and liability management. Explains some of the measures needed in the worlds of credit risk and interest risk. Presents a matrix for risk management and encourages training in this area.

Looks at the benefits of embedding a risk management capability across a whole enterprise. Gives particular consideration to the creation of such a culture, outlining four factors characterizing this environment. Covers three key risk areas, and provides a model of the governance structure and...

Traces the history of the development of the chief risk officer. Considers where the value of such a role lies. Outlines the skills required by the individual and discusses the competing issues which firms must bear in mind.

Provides a practical guide to option adjusted transfer pricing. Describes the basic elements of the finances and accounting required to make this practical. Presents basic examples of funds transfer pricing. Considers the risks involved.

Draws on the results of a survey into alternative risk transfer by Marsh Risk Finance covering major corporations over three years. Covers the needs of the buyers rather than the suppliers. Shows how alternative risk transfer can be of value to the insurance world in particular. Highlights a...