Risk management

Don’t let fake news or careless tweets expose your bank to harm


Firms need to evaluate risks ranging from hackers spreading false information about the bank to an executive’s inappropriate social media posts.


Prudential may press Wells Fargo to repay costs tied to fake-account scandal


The insurance company, facing regulatory scrutiny and lawsuits over a former sales relationship with Wells Fargo, said it may press its partner to cover costs after halting the sales.


Reputational risks are heightened by tense political climate


The newest reputational threat has nothing to do with violations of regulations or ethical norms, but rather with the extreme polarization and activism spreading through the country.


Should banks spell out how they invest customer deposits?


Trust and transparency can be strengthened and like-minded borrowers and banks can be brought together if transactions are “tagged” and investments are explained, argues Bruce Cahan, adjunct professor at Stanford University.


Thomson Reuters makes two deals in a hot identity space


The information giant agreed to buy two data businesses from the DTCC as regulators' demands for transparency fuel calls for shared industrywide solutions.


Trump's anti-Mexico policies threaten Citibanamex, revive divestiture talk


The president’s vow to impose a 20% tax on Mexican imports could make life harder for the Citigroup-owned unit, which is Mexico’s second-largest bank.


What the world's biggest bank bosses say about Brexit exodus


Bloomberg News conducted interviews and reviewed public statements to discover what each major bank is now planning in the wake of Brewxit.


What an MIT professor learned by monitoring traders’ emotions


Andrew Lo straps sensors to traders and watches how their pulses and body temperatures change when markets dive or trades go bad. The technology could be used elsewhere in a bank to address problems before they escalate.


‘Trump bump’ will do nothing for the risk-averse


While bankers feel more positive about the environment since the election, taking advantage of the new environment is what’s really important.


Regional banks weeding out risky loans while credit cycle is strong


Fifth Third and other regionals have ditched what they deem to be high-risk commercial loans in hopes of strengthening credit quality over the long term.