Banks are often smug about their management of risk. Smugness may well be justified for market and credit risks, but banks can learn much from industry about managing operational risk. In order to manage operational risk, industry has evolved enterprise risk/reward management systems which...

We researched 130 financial centres for this edition of the Global Financial Centres Index (GFCI 33). The number of centres in the main index has increased to 120, with the inclusion of Minneapolis/St Paul. There are 10 associate centres awaiting potential inclusion in the main index.The average...

The sixth edition of the Global Green Finance Index (GGFI 6) was published on 27 October 2020. GGFI 6 provides evaluations of the depth and quality of the green finance offerings of 74 major financial centres around the world. The GGFI serves as a valuable reference into the development of green...