NewsCloud.com Risk News

The new hot job: Chief Risk Officer

With the world's banks bleeding from their over-exposure to bone-headed investments and bad loans, the latest hot job is the Chief Risk Officer.

Top 10 big business risks for 2008

Climate change is now ranked as the biggest risk to business in 2008

Companies casual on fraud risk

Companies are slack when it comes to stopping fraud. Only 49 per cent of executives at Fortune 100 companies and large not-for-profit organizations say strategies for addressing fraud risk are well defined

Bhutto and geopolitical risk

The global impact of Benazir Bhutto's assassination should not be underestimated. Oil prices have now soared edging closer to $100 a barrel, equity prices are falling and the concept of "geopolitical risk" has re-emerged during a relatively quiet time. All that on top of deteriorating economic news in the United States. No wonder stocks prices are down.

Six strategies for risky innovations

The rule of thumb with risky investment is that it cuts both ways. The present new opportunities for big gains but there is also the danger of being wiped out. It applies to all sorts of financial innovations, from derivatives to sub-prime mortgages. Here are six strategies for dealing with it.

Seven types of risk

In the global econpomy, companies need to prepare for seven types of risk: Project risk, customer risk, transition risk, unique competitor risk, brand risk, industry risk and stagnation risk.

Investment-risk disconnect

Business leaders believe they are now working in an increasingly dangerous world with political violence shaping up as a growing risk for companies planning to invest in big ventures. But they still plan to keep investing, regardless of the risks.

Brains and money - 8 tips to avoid investment disaster

Why do we keep making bad investments? Because of the way our brains are wired up. Here are eight tips to avoid making an investment disaster.

The new world of risk

Risk and uncertainty, in a variety of forms, have become increasingly salient features of life in the early years of this century. Arguably, 'risk' will be a central idea of the early 21st century, just as 'globalisation' was the dominant idea of the 1990s.

Corporate risk gaps

Companies might be skilled at handling credit, market and financial risk, but they are hopeless when dealing with emerging risk issues of climate change, holding on to talent, and terrorism, according to a new report.

Internal audit risk gaps

Auditors say they take risk seriously but serious gaps are emerging. Fewer are confident about their risk assessments in the areas of technology, fraud and strategy. And one in five says they don t do an annual risk assessment of their company. And that s despite Sarbanes-Oxley.

The China Syndrome

The historical significance of this week's stock market plunge should not be under-estimated. When it comes to risk, it's a whole new ball game with global capital markets now more integrated than ever before. What s happening now in China is the shape of things to come.

Reputation and risk

Most companies are bad at protecting their reputation. Here s a forensic guide on identifying, quantifying and managing the risks to a company's reputation long before the unspeakable substance hits the fan.

Soaring CEO pay shows "market failure"

The generous rewards for chief executive officers reflects "market failure" and can't be justified by arguing that the top job gets highly paid because it has more risks, according to a new report.

Systemic risks run hedge funds into lemons

The implosion of hedge fund Amaranth has raised calls for more regulation but is that a case of shooting the messenger? The real culprits might be the banks. With hedge funds now the biggest clients of banks, changes in banking structure have opened the way for real conflicts of interest.