cyber security, data security

4 February, 2019

Data security poses growing ethics risk

Just a few weeks ago Google received a record €50m (£44m) fine under data protection regulation, sending out a clear warning that companies need to proceed with extreme caution when harvesting, sto...
financial services

16 January, 2019

Special report: Future-proofing financial services

Financial services firms are facing an unprecedented raft of challenges. Since the financial crisis, a new regulatory environment has forced a revamp of the responsibilities of boards, pushing functio...

21 December, 2018

A healthy balance for parent banks

A wide range of post-crisis regulatory reforms has created a more complex governance framework for banks when it comes to managing their local subsidiaries. In the past decade, regulators have impl...
Aktis, banking

27 September, 2018

New world order for global banking

    Ten years on from the collapse of Lehman Brothers, and the financial system is safer, more robust and governance has improved.
banks, banking

14 September, 2018

Action needed now on banking fraud and the erosion of trust

Why is it that western banks are increasingly reliant on business models that reward staff as salespeople, treat clients as fools, and present financial products like goods on a supermarket shelf? The...
TSB

10 September, 2018

When an IT failure should mean ‘goodbye’ for a CEO

In August 2017, container shipping company Maersk was hit by a cyber-attack linked to NotPetya ransomware. The attack, which crippled the company and reportedly caused ships to be kept at sea, cost $3...
Melbourne, Australia

9 July, 2018

Solving deep problems with corporate governance requires more than rearranging deck chairs

As the Financial Services Royal Commission rolls on, it’s increasingly likely commiss...
PwC, pricewaterhousecoopers

3 July, 2018

PwC to pay $625.3m damages over collapsed US bank

PwC has been ordered by a US court to pay damages of $625.3m (£474.6m) over the audit of a collapsed bank. According to the
Paris, France

18 June, 2018

France orders banks to keep extra capital buffer

France's Financial Stability Council has ordered banks to keep aside an additional capital buffer to cover the potential risk related to growing private sector borrowing. On a recommendation from F...
Commonwealth Bank

5 June, 2018

Commonwealth Bank faces record fine over money laundering failings

Commonwealth Bank, Australia's largest bank, is to pay a fine of AU$700m (£400.3m; €456.8m) to resolve a money laundering case. It is thought to be the biggest civil penalty ever imposed in Aust...