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This edition: What Are the Key Risks Facing Global Banks and How Do They Manage Them?





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Episode Details

Original tape date: April 12, 2022. First aired: July 25, 2022.

Global banks face a host of challenges. Traditional risks include future changes in the macro economy, interest rates, liquidity, and competition; newer ones are digital transformation, cryptocurrencies, reputational risks, and ESG issues. Dare we even mention how they must be dealing with Russia's intervention in Ukraine? How do these organizations measure and manage these risks? What are the potential implications of the failure of one such institution on the wider financial system?

Larry Zicklin (BBA '57, left) discusses these questions with Lisa Farkovits, Managing Director and Global Head of Model Risk Management at Barclays, and with Kenneth Abbott, Lecturer in the Zicklin School Department of Law. With an introduction by Dean Fenwick Huss and moderated by Associate Dean Gwen Webb.