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The BBC recently asked me about the impact Russian sanctions would have on the City of London last week, followed up by European CEO, who interviewed me on the subject. My view is that sanctions are no good for anyone. The reason I say sanctions are not good is that it ends up in a tit-for-tat…

After outlining the four main buckets of risk that banks have to tame: market, credit, liquidity and operational; the real issue is the bank’s structure. Historically, banks have been built in product silos and hence there is no sense of enterprise risk. The retail and commercial bank secures funding through the investment bank, but none…

After outlining the four main buckets of risk that banks have to tame: market, credit, liquidity and operational; the real issue is the bank’s structure. Historically, banks have been built in product silos and hence there is no sense of enterprise risk. The retail and commercial bank secures funding through the investment bank, but none…

When I first started working in banking, I didn't have much idea about risk, Then I was told about market and credit risk, the two major forms of trading risk in the mainstream markets. Put simply: market risk is the risk of losses from trading whilst credit risk is the risk of the counterparty being…

Things we're reading today include … Citi agrees to pay $7 billion to settle securities investigation Bank branches still popular as online banking continues to rise Global fund managers face multi-asset skills shortage Thousands refunded for payday loans Co-op Bank boss to head AIB BIS chief fears fresh Lehman from worldwide debt surge Insurers struggle…