The FIG Idea

We entrust our precious working capital to banks; they finance our dreams and provide revolving credit to get us through our nightmares.

Love it or hate it, banking is here to stay. But banks in their current incarnation are clearly not. The banking industry is undergoing a radical overhaul, driven by powerful intrinsic and extrinsic factors.

Now that we’re eight years into the global financial crisis, isn’t it time that the lessons learned were transferred from bank risk management to other important areas? Basel III for the family, anyone?