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Twenty-four European banks fail EBA 'stress test'

October 27, 2014 - The European Banking Authority (EBA) published today the results of the 2014 EU-wide stress test of 123 banks. The aim of the stress test is to assess the resilience of EU banks to adverse economic developments, so as to understand remaining vulnerabilities, complete the repair of the EU banking sector and increase confidence. Twenty-four European banks have failed "stress tests" of their finances.

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Cyberattacks top of mind for financial institutions - DTCC risk survey

October 23, 2014 - In the wake of several recent high-profile cyber attacks on major sectors of the global economy, cyber security now ranks as the principal concern of the financial services industry, according to results of a new survey released today by The Depository Trust & Clearing Corporation (DTCC).

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Fortress to supply financial crime tech to Canandaigua National Bank

October 10, 2014 - Fortress Risk Management, a provider of advanced technology and services that defend community financial institutions from financial crime, has partnered with Canandaigua National Bank and Trust Company to provide its customized financial crime protection solutions.

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Tarullo Says Systemic Risk Possible Without Too-Big-to-Fail

October 9, 2014 - (Bloomberg) -- Risk to the financial system is possible even without firms that are deemed too big to fail, Federal Reserve Governor Daniel Tarullo said.

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Risk and Regulation Still Key Concerns for Commission Sharing Firms Despite Commission Agreements Growth.

October 8, 2014 - MPI Europe, the specialist financial services consultancy, publishes today the results of our annual market wide survey for brokerage commission sharing agreements.

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Pictet Group selects Wolters Kluwer financial risk management tech

October 7, 2014 - Wolters Kluwer Financial Services announced today that the Pictet Group, the Switzerland-based independent wealth and asset manager, has selected its Financial Risk Management solution for operations at its head office in Geneva.

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