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Volume 30, Issue 3

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During the past 18 months, we at Egon Zehnder International have examined the enterprise risk management (ERM) practices at 10 major global banks, and the good news is that all of them see ERM as a strategic imperative. They recognize that risks of all kinds — not just credit, market, and liquidity risks — can threaten their performance and even their viability. And they embrace ERM’s central principle, that risk is best addressed holistically. The bad news is that translating that principle into practice isn’t always successful.

http://www3.cfo.com/article/2013/1/risk-management_erm-cfo-cro-risk-management-rob-sloan