The convergence of banking and insurance business interests has led to M&A across the industry. Banks in Europe have recognised the benefits of M&A for banks with insurance companies. Cross-selling and strengthening the capital base and skills base. The new business model was clearly aimed at selling insurance products through the bank’s network, so increasing [...]
Cost-benefits under basel
Banks and funs should already be developing more sophisticated risk analysis and more effective risk managemet. Creating risk profiles for the bank’s counter-parties in the manner of a murder investigation may sound sinister. This process operates within CRM (credit risk management) where risk probabilities, default exposures and customers’ records are logged. A detailed risk map [...]