The bank consolidated ‘silo’ risk systems to unify its risk, treasury, finance and accounting functions in order to gain a better perspective of the overall risks that it faces.
In an exclusive video interview, Dick Kovacevich, chairman emeritus of Wells Fargo, discusses the diversification of risk, the secret to successful cross-selling, and implementing a superior business model.
Gerrit Zalm, ABN AMRO’s chairman and former finance minister of the Netherlands, says that the government-owned bank is focusing on private banking, clearing and commodities services.
