Confronting the perils of risk

Faced with escalating risks to reputation, profitability and from regulation, financial firms are on the back foot.

Risk is a growth business. But today, the focus of many financial firms is less about the trade-off between risk and return, and more about simply managing a proliferation of menaces, hazards and dangers. Anticipating risk, preventing it, monitoring it, mitigating it and, ultimately, paying for it are a primary concern.

There are three broad categories of risk, according to Tommy Helsby, chairman of Kroll Eurasia, a leading global risk consultancy. These are market, credit...

FinanceAsia has updated its subscription model. Registered readers now have the opportunity to read five articles from our award-winning website for free. Please subscribe for unlimited access.

Click for more on: kroll | tommy helsby | stuart witchell

Print Edition

FinanceAsia Print Edition