March 28, 2021

“Robinhood Markets Inc., whose popular trading app has either disrupted and transformed the discount brokerage business or turned investing into a video game, depending on your viewpoint, has filed confidentially for an initial public offering of its stock […] Many of Robinhood’s shortcomings are hidden from unsophisticated investors […] That’s a reputational issue that’s probably not going away.”

Bloomberg
March 28, 2021

Alleged “the company had suffered a reputational catastrophe, ‘lost the trust of traders’.”

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Reputation risk is a range of perils arising from the actions of disappointed stakeholders.

For a broader view of reputation risk, discover additional articles by Steel City Re here, mentions of Steel City Re here, and comments on newsworthy topics by Steel City Re here.

Risk governance and management, risk financing, and risk transfer through insurances comprise the constituent elements of a comprehensive enterprise reputation risk management solution. Learn about our services here.

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