legal

Operational

Peer-to-Peer Fraud: Scammers Adapt as Payments Go Digital

Decades-old payment and credit card regulations have clarified consumer rights and protections from fraud and theft. Banks became adept at managing the risks and losses within one of their most...

August 9, 2024 | By Jim Romeo

Operational

Bypassing Legal Reviews and Procedures: An Overlooked Source of Risk?

Corporate legal departments have frustrations that risk management and other control functions can identify with: Business units regard them as obstacles to be avoided and do not appreciate the...

February 3, 2023 | By David Weldon

Operational

CRO Takes a Plea in Archegos Case

The chief risk officer and head trader of Archegos Capital Management have entered guilty pleas and agreed to cooperate in the federal prosecution of the family office’s owner Bill Hwang and chief...

May 20, 2022 | By Jeffrey Kutler

Operational

Plastics and the Planet: Who Will Bear the Costs?

At a time of growing concern about climate change and sustainability, pollution attributable to production and accumulation of plastics is raising questions relating to the extent of the long-term...

July 17, 2020 | By Jim Romeo

Operational

Stimulus Loan Forgiveness Is Going to Be a Nightmare for Banks

There are complaints small businesses are being lured into a stimulus loan bait-and-switch. Businesses pursue a CARES Act loan expecting it to be forgiven, only to discover later small print that...

May 22, 2020 | By Peter Downs