City National Bank Faces $65 Million Penalty Over Risk Management Failures
City National Bank faces a $65 million penalty from the OCC due to risk management failures. Discover the implications for customers and the bank’s future.
Category: Flash News
Operational Risk Strategies: Cross-Industry Insights for Banks
Show how manufacturing, healthcare, and aviation manage ops risk. Focus: cross-industry learning, metrics, incident response, safety nets.
The Rise of AI in Managing Operational Risk: Benefits and Pitfalls
Discuss how AI/ML tools help in risk detection (e.g., anomaly detection in banking ops). Focus: benefits, ethical concerns, interpretability, human oversight.
Real-World Failures Caused by Poor Operational Risk Controls
Analyze real-life operational failures (e.g., bank fraud, airline system outage). Focus: causes, impact, and lessons learned. Include both financial and non-financial sectors.
FDA & ISO Audit Prep: How GRC Tools Are Changing the Game
Provides a practical walkthrough on how digital GRC tools streamline audit preparation for regulated industries. Readers learn how to ensure readiness, maintain traceability, and reduce inspection anxiety.