2010 risk management survey of global banks - Ernst & Young - Global

2010 global bank risk management survey

The financial crisis exposed inherent weaknesses in the risk management system: siloed infrastructures, disparate systems and processes, fragmented decision-making, inadequate forecasting and a dearth of cohesive reporting, among others. The impact of these flaws on many institutions shocked the industry. As a result, there has been a seismic shift in attitude toward risk.

In our 2010 annual risk management survey of global banking executives, we examine strategies being used to recover, adapt and advance the business.

Survey highlights:

• Top five risk management challenges at global banks 
• Three ways banks are rethinking risk strategies 
• Who’s responsible for risk governance at global banks? 
• Three ways global banks are strengthening risk governance processes 
• The rising cost of risk: what’s on the horizon?