Published January 08, 2013
Have recent financial crises exacerbated the natural conservatism of Asian banks?
Most banks have yet to embrace the necessary cultural and mind-set changes required to transform their respective risk management framework.
Date: Jan 08, 2013
Author: Foo Boon Ping
Categories: Operational Risk, Regulation, Risk and Regulation
Keywords: ADCB, Bank Mandiri, CIMB, DBS, OCBC
The last global financial crisis has been described as a failure in risk management. Senior executives of some of the biggest global banks involved in making decisions on the risk that their banks were…