Corporations have often taken the position that when it comes to sustainability or other socially responsible issues, the costs outweigh the benefits for the bottom line. In his book Capitalism and Freedom, published in 1962, economist Milton Friedman wrote:
ESG: No Longer "Green Window Dressing" Read More »
After the 2008 financial meltdown proceeded from a credit to a liquidity crisis, the 27 countries that comprise the Basel Committee on Banking Supervision sought a solution to mitigate catastrophic losses should such an event happen in the future. The new measures, which build upon the Basil I and II agreements passed in 1992 and
The Changing Landscape of Cash Management Read More »
In 2008, as the US economy began its historic slide into the Great Recession, one solution to bolster the sagging economy was the Federal Reserve’s quantitative easing (QE) program. Each month, the Fed would purchase bonds such as Treasuries and mortgage-backed securities that banks were eager to dump. The Fed brought this debt onto its
Quantitative Easing and its Impact in 2014 Read More »
The landscape for investors rapidly changed over the past few years. Volatility has reigned in the markets since the crisis of 2008. Traditional investment methodology, such as investing in a portfolio of blue chip stocks, may no longer prove successful. The speed at which technology increases the flow of information across the capital markets increases
A Brave New World of Investing Read More »
Recently, we have been seeing a growing need for independent risk functions, an indicator that competition for investment and operations risk management as well as compliance talent is on the rise across the globe. It’s not surprising considering today’s environment.
Risk Management on the Rise Read More »
Considering our dependence on social media, mobile technology, cloud storage, and “big data,” you could say that a digital transformation has taken place across our personal and professional lives. With just a few young professionals in a Social Media function, many traditional corporations have kept pace with this transformation, even led the way in some
Getting Your Digital House in Order Read More »
As if investors needed another reason to be wary of Wall Street, on August 1st, a brief tempest hit the stock market resulting in hundreds of millions lost. It’s source? A technical glitch. A “Steady Hand” Loses its Grip Upon the sound of the opening bell that Wednesday morning, a rapid-fire buying and selling
Knight Capital's $440M Glitch Rattles Investment Industry Read More »
Women, Risk, and Wall Street When Michael Lewis, author of The Big Short, a bestseller detailing the 2008 Financial Crisis, was asked to share the one thing he’d do in order to avoid a future market meltdown, he said, “I would take steps to have 50% of women in risk positions in banks.”
