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stanley epstein
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Stanley Epstein

Associate
Citadel Advantage Group
Member since
09 Oct 2006
Location
Modiin
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3
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44
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0
Followed by John Sims, Martha Boyle and 5 others you follow
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Stanley's opinions

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Stanley Epstein

How do you price reputational risk?

A colleague, involved in operational risk management at a major bank, recently asked me what my feelings are regarding the quantification of the cost of reputational risk. Was it simply something that could be taken as a percentage of revenue or net profit and then just slapped into a spreadsheet or even a balance sheet? And the question was not th...

19 August 2008 /regulation Operational Risk Management

Stanley Epstein

Something is rotten ....

I have been watching unfolding events in the banking world with a sense of incredulity and rising trepidation. It's like watching a train crash in slow motion. It just seems like it is one debacle after another. First we had the sub-prime meltdown which hit us last summer. All that followed by the SocGen saga, which only served to stress that both ...

13 August 2008 /regulation Innovation in Financial Services

Stanley Epstein

Getting the business - risk equation right

Years ago when I first became involved in risk management in a large regional bank I was told to keep my nose out of the “business”. And what did “business” mean? Well, simply put – making a profit at any cost! The key issue that was (and still is) missed completely is that business strategy and risk management are closely linked. If you follow a s...

03 August 2008 /regulation Operational Risk Management

Stanley Epstein

WHO IS REALLY TO BLAME?

Why is it that the minute something goes wrong someone or something has to be blamed? It almost seems that as long as a "guilty" party can be found then we have done our duty and can simply forget about the problem ... until the next time. This is currently the case in point in the brouhaha in the United States around the perceived failur...

31 July 2008 /regulation /wholesale

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Stanley writes about

  • payments
  • regulation & compliance
  • sibos
  • retail banking
  • wholesale banking

Stanley's opinion archive

  • 2016 (2)
  • 2015 (3)
  • 2014 (2)
  • 2012 (2)
  • 2011 (2)
  • 2010 (4)
  • 2009 (17)
  • 2008 (12)

Latest groups joined by Stanley

  • Finance 2.0

  • Futuristic Banking

  • Innovation in Financial Services

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