Category Archives: Reputational Risk

Getting Serious About Sanctions-Busting Banks by Professors Ingo Walter and Roy Smith

BNP Paribas is expected any day to admit to criminal *violations of U.S. sanctions against Iran and Sudan. This is likely to mean that the giant French bank will pay a fine of between $8 billion and $10 billion to … Continue reading

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Are Major Banks Really Too Big to Jail?

The following is an excerpt from Banks and Markets of an article titled “Are Major Banks Really Too Big to Jail?” by NYU Stern Professor and MS in Risk Management Academic Director, Ingo Walter: It used to be that financial … Continue reading

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Whatever Happened to Swiss Bank Secrecy? By Professor Ingo Walter

The following is an excerpt from an article titled, “Whatever Happened to Swiss Bank Secrecy?” by NYU Stern Professor and MSRM Academic Director, Ingo Walter: Financial secrecy – or more politely “confidentiality” – involves non-disclosure of financial information concerning individuals, … Continue reading

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Prof. Ingo Walter on Italian bank Monte Paschi’s troubles

The following is an excerpt from a Bloomberg entitled “Bank Born Out of Black Death Struggles to Survive.” Siena, the medieval city renowned for its Palio horse races, is home to the world’s oldest bank. Within its aging walls lies … Continue reading

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New Faculty Publication: Global Asset Management: Strategies, Risks, Processes and Technologies

Global Asset Management: Strategies, Risks, Processes and Technologies, edited by Professors Michael Pinedo and Ingo Walter, focuses on all major aspects of the asset management industry including regulations, strategies, processes, applied technologies and risks. It is the first book that addresses the key … Continue reading

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Can Good Governance Pre-empt Regulation in Financial Services?

The following is an Op-Ed by NYU Stern Professor and MSRM Academic Director Ingo Walter, featured on The European Financial Review.  “The epic financial crisis left behind massive damage to the process of financial intermediation, the fabric of the real … Continue reading

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Corporate Governance: Investors Gain the Ear of the Listening Banks

The following is an op-ed by Roy Smith, published in Financial News on 6/3/13: The decisive victory that allows Jamie Dimon to continue in his dual roles as chairman and chief executive of JP Morgan Chase raised once again the … Continue reading

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Thoughts on Reputation and Governance in Banking

The following is a post written by Professor Ingo Walter, Academic Director of the MS in Risk Management Program: The epic financial crisis of a few years ago inflicted immense damage on the process of financial intermediation, the fabric of … Continue reading

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Reputational Risk

Professor Ingo Walter The global financial crisis of 2007-2009 was associated with an unprecedented degree of financial and economic damage. For investors and financial intermediaries, the estimates seem to have risen to over $4 trillion or so worldwide by the … Continue reading

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Recording of the Webinar: “Inside Job: Reputational Risk and Conflicts of Interest in Banking and Finance”

Professor Ingo Walter discussed the link between reputation risk and conflicts of interest and provided tools to measure and control reputational risk. Listen to the recording here View slides here

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