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BCBS 239 2.0 resurgence: Strengthening risk management and decision making

McKensey

A renewed focus on the 2013 data risk management regulatory standard poses new challenges and opportunities for European and US banks. Achieving compliance will take a structured, top-led approach.

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These 3 types of CEOs are most likely to make bad decisions

Work Life

The myth might be good for movie making and setting up the climactic peak of a story, but it is rarely reality. Instead, bad decision-making often happens slowly over time—the product of seeds planted long before. It is instead how decision-making happens within the company. SVB failed.

Supplies 105
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Risk it All? Know Your Style

Business Psych Blog

What is the impact of a trader’s risk personality on their risk-taking, decision making, and performance?

Banking 100
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How to tap into your intuition to predict the future more effectively

Work Life

” A hurdle for most people to clear is simply acknowledging that intuition is a natural part of being a human, says Eboni Banks, an intuitive coach and healer. ” Banks says that intuition can present itself as a thought you haven’t had before or something coming into your physical environment.

Banking 111
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HSA vs. health care FSA: Which is better for you and your employees?

Insperity

An HSA is a type of individual savings account typically established at a bank, similar to a college or retirement fund. In addition, employers can face a shortfall in FSA contributions if employees access their full amount and terminate employment before making all required contributions. And that’s also the clue to how each operates.

Payroll 176
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Employee Files: What to include, what to leave out, and what’s confidential

BMT Office Administration

Besides complying with federal and state laws, keeping employee records helps you stay organized, aids decision-making, and protects your company if a terminated employee files a lawsuit. In addition, if an employee is involuntarily let go, their employee file must be kept for one year following the termination date.

Payroll 130
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Workplace and property firms must wake up to the new era of networked businesses

Workplace Insight

In terms of the office workplace, banks were permitted to become JSCs in the 1830s; the first being the London and Westminster Bank, in 1834. JSCs came into fashion in the 1600s as the costs and risks associated with overseas trading voyages grew.