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Management

The management of all financial services businesses

In May 2017, I addressed the global annual conference of the Institute of Enterprise Risk Managers. During that presentation, aimed at the CEOs of major corporations, I explained that board members are responsible for the whole of the Group, not merely a division or even the company of which they are expressly a director of. In this article, I publish those comments, as scripted.

Nigel Morris-Cotterill
BIScom Subsection: 

 

 Midland Bank Griffin Logo HSBC's takeover of Midland Bank was a nightmare of regulatory challenges. Now, 25 years after eventually being taken over, the last little bit of Midland identity is being removed.

 

Editorial Staff
BIScom Subsection: 

A report by the USA's Federal Bureau of Investigation following the conviction of an ATM skimmer reveals a relatively little-known technique that reduces the prospect of capture of the criminals involved.

Editorial Staff
BIScom Subsection: 

When Abdul Aziz Al Ghurair, CEO of Mashreq Bank, told the bank's 50th Anniversary meeting that it would become "the most progressive bank" in the Gulf and would become a "branchless bank" he was the latest in a line of bankers who has said this can happen. But while some internet only banks have been launched, no bank has ever succeeded in closing its branch network. Nigel Morris-Cotterill looks at some examples and says that Britain's Midland Bank developed, 30 years ago, the concepts that are now at the core of the delivery of real-world retail banking.

Nigel Morris-Cotterill
BIScom Subsection: 

Hong Kong's Independent Commission Against Corruption has charged a number of people with a range of offences alleged to have been committed against insurance companies.

Editorial Staff
BIScom Subsection: 

When Temple-Inland, a packaging and building products company in the USA spun off its Guaranty Bank subsidiary in 2009, the bank was "looted" and left in a parlous state, say the liquidators who have issued proceedings against Temple-Inland and several of its related companies, former officers and some executives who were still in post at the time the bank collapsed.

Editorial Staff
BIScom Subsection: 

 


 

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