ALL INSIGHTS

Report

The silver lining: Converting stress-test tools to strategic assets

– In response to regulatory mandates, banks in the United States and Europe have developed some of the most robust risk management... and stress-testing capabilities in history. The next step is for banks to convert these capabilities into true strategic and business assets.
Article

The future of bank risk management

– Banks have made dramatic changes to risk management in the past decade—and the pace of change shows no signs of slowing.... Here are six initiatives to help them stay ahead.
Article

A best-practice model for bank compliance

– Tighter compliance regulations have challenged financial institutions in a variety of ways. Yet those who adapt best may enjoy... a distinct competitive advantage.
Report

The Fundamental Review of the Trading Book: Implications and actions for banks

– The FRTB framework promulgated by the Basel Committee on Banking Supervision to improve trading book capital requirements will... necessitate rapid and potentially drastic change for all banks with a trading presence. There are five critical steps banks should take to prepare.
Report

No time for US bank complacency over liquidity compliance

– Basel III’s liquidity coverage ratio is no cause for panic for U.S. commercial banks. However, banks should not wait to... define their strategic approach to the regulation.
Article

A marathon, not a sprint: Capturing value from BCBS 239 and beyond

– Meeting more stringent regulations requires banks globally to spend billions of dollars. Yet with the right long-term strategy,... they could realize even bigger annual savings.
Article

Managing the people side of risk

– Companies can create a powerful risk culture without turning the organization upside down.
Article

Voices on bank transformation: Insights on creating lasting change

– This paper draws together the perspective of McKinsey experts on organizational health, risk culture, and digital transformation... with the experience of five successful CEOs and chairmen to illustrate the changes reshaping banks.
Report

A time for stress: The challenges facing Europe's banks

– In November the European Central Bank (ECB) will officially take overall responsibility for the supervision of major European... banks under the Single Supervisory Mechanism. This is one of the biggest structural changes in the financial-services regulatory environment in the past 30 years. Europe's banks are facing tough new minimum that they need to make some major changes.
Report

Risk in emerging markets: The way forward for leading banks

– This paper looks at challenges facing emerging market banks after a decade of outstanding growth and makes a series of recommendations.