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Risky business

Risky business

Source: Deloitte

How are financial institutions navigating the challenges of risk management in today's changed marketplace?

The financial services industry is emerging from an extraordinarily unsettled period, and as one result the boards of directors and senior management of financial institutions are re-examining their approaches to risk management, including their risk frameworks, governance, and methodologies.

Deloitte's Global risk management survey, seventh edition, assesses the state of risk management in this new environment. The survey was conducted during the third quarter of 2010, and its results are based upon the responses of 131 financial institutions from around the world - including retail and commercial banks, insurance companies, and asset managers - with aggregate total assets of more than $17 trillion.

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