The Macroeconomic Assessment Group (MAG) was established in February 2010 by the chairs of the Financial Stability Board and Basel Committee on Banking Supervision to coordinate an assessment of the macroeconomic implications of the Basel Committee's proposed reforms. Members of Macro Economic...

The banking industry is exposed to many risks from different directions. Too many areas needed to be guarded which is not possible unless a holistic and comprehensive risk management process is in order. Enterprise Risk Management (ERM) is that process. The main objective of this project is to...

Unlike most other businesses, the failure of banks, especially very large ones, can have far-reaching implications. It was experienced during the Great Depression and, most recently, during the global financial crisis and the ensuing recession. The health of the bank system (or lack thereof) can...