Before we discuss what stress tests for European banks are and why they were conducted — as well as why they matter for the Middle East and North Africa (MENA) region — it is important to understand why these banks are in the position they are in (...)
Developing a risk appetite is fundamental to scoping and managing a bank's risks. In simple terms it represents the amount of risk that a bank is willing to assume. In order to do this the bank must first start with the business segments they are (...)
Since the near collapse of financial markets across the world, strengthening risk management processes has jumped to the forefront for bankers as the top focus area. One only needs to look at the Global 100 list of top banks from 2006 to see that (...)