Executive Forum 2Q '09
The first installment of 2Q Executive Forum survey examines perceptions about risk. Views on the economy are becoming more upbeat, but lending standards remain tight. And though most financial executives say they aren't worried about systemic risk, there are lingering concerns.
For the second installment, we look at risk management practices. Financial services executives are showing increased concern about reputation and brand risk, and they are continuing to increase spending in this area.
EXECUTIVE FORUM 2Q '09
Economic Outlook Brightens in a Hurry
Financial executives have eased up on the direst of predictions, showing less pessimism about the economy and a mixed concern about the health of the overall system. But as perceptions shift, a lag time may occur in adjusting practices.
Heightened Risk Management Motivation
Bankers are finding it costly to improve their risk management processes, though most view it a strategic imperative after last year's credit crisis.
About the Executive Forum Survey
The Financial Services Executive Forum Survey is a joint undertaking of American Banker and Greenwich Associates LLC, a consulting and research firm.
