Banco Popular de Puerto Rico

Risk managers must be free to give independent opinions without fear of reprisal. Following their advice is generally up to business heads, say participants at American Banker's Risk Management roundtable.

External and internal auditors, as well as regulators, should have dug deeper when the first signs of Libor manipulation surfaced, say participants at American Banker's Risk Management roundtable.

Bank executives should do a tour of duty in a risk management post so they know the right questions to ask in later jobs, say participants at American Banker's Risk Management roundtable.

Clifford Rossi, a former risk manager at Countrywide and Wamu, explains why keeping records of internal discussion and debate is a healthy corporate governance practice during American Banker's Risk Management roundtable.

Ultimately the market should discipline those who take foolish risks, but global interconnectedness makes it hard to not rely on government referees, say participants at American Banker's Risk Management roundtable.

Risk managers should be paid as well as other executives, to attract talent and give the jobs the stature required to be effective, say participants at American Banker's Risk Management roundtable.

We asked each panelist in American Banker's Risk Management roundtable to name one risk every chief risk officer should take a hard look at in their organizations. Here's what they said.

Banks and the GOP, mortgage relief and more.

SWIFT proposes that banks reinvent themselves as "digital asset" guardians, protecting customers' personal data and acting as their trusted agent in dealings with merchants. Will the idea fly?

Street protests, fortress-like security, and the carefully chosen words of politicians underscore the strained relationship between the Democratic party and the banking industry.