IBM Wednesday unveiled a series of new applications and services for measuring and managing risk in day-to-day operations and in specific areas such as managing credit portfolios. The announcements ...

Climate risk is now categorized as one of the important elements in the strategic discussion among the Chief Risk Officers (CROs) in the banking industry. Financial regulators across major markets are ...

Federal officials, including the Secretary of the Treasury, the Comptroller of the Currency, and the chairpersons of Federal Reserve Board and FDIC, routinely assure the public that the banking system ...

The "Genius Act," while claiming to create virtually risk-free backing for the stablecoins it promotes, in fact ties stablecoin risk to banking instability, which the financial system has ...

Why AI is becoming the defining force in risk governance, credit allocation, compliance, cyber defence, and strategic resilience — and what banks must do to capture its benefits while controlling its ...

The GENIUS Act defines a payment stablecoin as a digital asset that trades on a public distributed ledger that is designed to facilitate payment. It must be redeemable for currency but is explicitly ...

This note examines the transmission of credit risk of banks to the sovereign using the collapse of the Silicon Valley Bank in March 2023—an event that reverberated globally across banking sectors—as ...

This article was written by Bradley Foster, Global Head of Content (Enterprise) and Murat Bozdemir, Head of Regulatory, Risk & Climate Data Solutions at Bloomberg. There is a growing consensus among ...