Managing Governance at scale presents unique challenges to organizational leadership.
Observations
Sep 21, 2023Wells Fargo is still grappling with the fallout from its fake accounts scandal that came to light seven years ago. The lender is at a critical juncture as it strives to overhaul its risk and control functions under the threat of further regulator sanctions, including the possibility of being broken up.
Compendium
Jun 07, 2023In 2021, former Prime Minister Boris Johnson’s government introduced a set of measures that aimed to encourage regulators to “facilitate” London’s competitiveness as a global financial center.These deregulatory pressures — not unique to the United Kingdom — have recalled for some the pre-financial crisis regulatory environment, wherein efforts were focused on ensuring financial system attractiveness rather than its presumed stability.
Compendium
Jun 07, 2023