Mis-selling
FCA figures suggest true cost of rate hedge mis-selling
Settling complaints of mis-selling complex interest rate products could cost UK banks billions
Banks still battling with sales-driven culture, survey finds
Latest EY risk management survey finds risk culture questions remain
Quant Congress USA: Derivatives have had negative social utility, says Dupire
Dealers have sold products their clients did not need, says top quant – and industry must refocus on legitimate risk transfer
OpRisk Asia: Remuneration and evaluations not the whole answer on culture
Culture is a priority for op risk managers – but the tools needed remain elusive
Corruption and bribery in majority of financial institutions across EMEIA, survey finds
Corruption and bribery remain a serious problem, according to EMEIA survey respondents
Barclays announces departure of senior staff
The bank's finance director and general counsel are to leave
FSA mis-selling study finds rules broken in over 90% of swap sales
Pilot review finds almost no cases where UK banks behaved properly in selling interest rate hedges to small business
Top 10 operational risks for 2013
Old and new dangers
Banks pull back in face of RDR costs
The devil's in the retail
Banks recognise need for major culture shift, says FSA’s Turner
Chairman of the FSA uses annual Mansion House speech to highlight the issue of bank culture
Near-record high in complaints in 2011, FSA data shows
Near-record high in complaints in 2011, FSA data shows
Bank incentives called into question over mis-selling
Mis-selling in banks requires a cultural shift, chief executive says in response to FSA report
UK banks face up to SME swap misselling claims
Sales of the unexpected
ORR's top 10 operational risk concerns in 2012
It’s never-ending
RBC Capital to pay $30.4 million to settle charges
RBC Capital is charged with misconduct in the sale of CDOs by the SEC
Belgium's moratorium on retail structured products dissected
Making sense of the moratorium
Enter the quant regulator
Enter the quant regulator
Structured products
Special report
Charles Schwab companies pay $118 million to settle SEC charges, case against execs continues
Charles Schwab in $118m SEC settlement
Barclays fined £7.7 million by UK regulator for mis-selling funds
UK regulator fines Barclays Bank £7.7m for mis-selling funds
‘Bizarre’ $555bn derivatives lawsuit in India rumbles on
Litigation claims fraud perpetrated by foreign banks and the RBI
Ellen Davis: Bringing back the Belgian dentist
New EU-wide regulations for retail investment products are needed to lure investors back into European securities, according to speakers at the ICFR conference in Amsterdam
Product suitability top concern for Asia op risk managers
A suitable ploy
A bullish time ahead for Asia
Asia’s rapid growth and buoyant consumer confidence continue, and the region is emerging from the financial crisis as an economic powerhouse. Operational risk managers and regulators alike must keep pace with this bullish market if they want to avoid…