Human capital risk permeates all other risks in a financial institution as was evidenced by the global financial crisis and subsequent events, but anecdotal evidence suggests this overriding risk was not well understood. The authors applied for and were successful in obtaining a grant from the...

Operational risk events in banks include extreme events with significant losses being incurred and with substantial impact on share prices. A pooling arrangement between banks that would be able to reduce overall costs and reduce share price impacts would seem desirable, but one of the major...

The World Economic Forum (WEF) has been producing reports since 2006 based on what are perceived by respondents to their survey as the major risks facing the world. This paper extends the work of Evans et al (2017) that analysed the WEF 2014 risks and considers the WEF Global Risks over the...