"Decision theory, both orthodox and behavioural, depicts decision rather narrowly as a prioritisation task undertaken within a delineated problem space where the probabilities “sum to one”. From such a perspective, certain perennial challenges in intelligence and counterintelligence appear resolvable when in fact they are not, at least not when approached from the usual direction."
"The findings include data innovation creating opportunities for a well-developed banking supply chain, effective risk management and financial fraud detection, bank customer analytics, and bank decision-making."
"This research contributes to bank liquidity risk management by employing supervised machine learning models to provide banks with early warnings of liquidity stress using market-based indicators."
"Retail banking is a distinct part of the banking industry. It has been undergoing important changes in recent decades mainly due to technological innovations and deregulation."
"Sustainability and social inequality are ‘grand challenges’ with a strong impact on companies and investors. The dominant theories and institutions of corporate governance present significant constraints on the capacity of practitioners, including company and fund managers, to engage in a timely and successful way with these grand challenges."
"The possibilities of a Keynesian-Knightian synthesis as a way forward are considered by comparing these signposts. It is argued that, although there is some common ground between Knight and Keynes, there are fundamental differences particularly associated with Keynes’s concept of weight of argument."
"Evidence that the COVID-19 pandemic had minimal effect on operational risk losses in 2020 is presented and the effect of model risk is emphasized. Our results show that the existence or otherwise of significant correlations depends on the regression model used, whether data series show trends, the time window concerned, geographical location and the type of financial institution."
"... climate change may drive operational risk losses through complex interactions between three factors: changes in human and institutional behaviors, significant and rapid changes in economic metrics and direct physical impacts."
"... some operational risk managers are working more closely with their human resources partners to develop a more cohesive approach to people risk management. In the context of current reforms to the capital requirements for operational risk"
"We observe that cyber vulnerability and other financial shocks cannot be treated as uncorrelated risks and policy solutions for cyber security need to be calibrated for adverse financial conditions."