Articles by David Benyon
All in his stride
Hamish Lock had to hit the ground running when he became head of op risk at Bank of Montreal just over a year ago. But taking on a new risk role amid a global financial crisis hasn't fazed him, and he is already well on the way towards achieving his new…
Land of giants
Canada's banking community comprises a small group of very large banks. Working together, and with their sole, principles-focused regulators, this tightly-knit, risk averse group has avoided the worst of the financial crisis and taken internal op risk…
Businesses vulnerable to Web 2.0 data security and reputational risks, says UK study
Firms are unprepared against information leaks and reputational risks caused by employee internet usage, says Recommind survey
SEC approves exchange rules to prevent ‘clearly erroneous' trades
New rules from the US regulator aim to curb ‘fat-finger’ banking errors
SEC charges stockbroker over $250 million Ponzi
The US regulator unearths yet another pyramid scheme fraud
Cebs says banks ‘sufficiently capitalised’ after EU-wide stress testing
Level 3 committee issues an update on the results of its stress tests for European banks
FSA feedback statement confirms short-selling disclosure approach
UK regulator sets out policy on short-selling transparency rules
Bank of America $2bn Bear Stearns lawsuit goes to court
Case against two Bear Stearns hedge fund managers to be decided in court
Divine illumination
Last year's OR&C top 100 banks study identified 'A new dawn for disclosure'. Things have hotted up since then, and now banks face not only a level of exposure and transparency never seen before, but also stricter regulation on almost every front…