Comprehensive Risk Management Approach Improves Financial PerformanceMani
The survey sponsored by FIS highlights that banks having a separate board-level risk committee report higher median ROA and ROE.
The FIS-sponsored “2014 Risk Practices Survey” notes a number of important best practices have begun to emerge over the last few years in the management of risk. The survey was conducted in January and is based on 107 online responses from independent directors and senior bank executives, primarily chief risk officers, of banks with over $1 billion in assets.
Mandate under Dodd-Frank Act . . .
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