Financial Institutions Lose Over $500K Due to Fraud in 2022

COMPLIANCE

Financial Institutions Lose Over $500K Due to Fraud in 2022

Well, here’s a stat that’s nothing to be proud of: apparently seventy percent of financial institutions lost over $500K due to fraud in 2022.

Time to tighten up those anti-fraud measures hmmm?


ESG

Should Executive Pay Be Linked to ESG Performance?

As ESG has taken a big spotlight among corporate objectives, the question arises: should executive pay be linked to ESG performance? What say you?


BANKING

Credit Suisse to Cut Even More

Embattled bank Credit Suisse is looking at cutting its bonus pool by up to 50% on TOP of cutting jobs in its efforts to stem losses. Not a good time for the investment bank.


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