April 6, 2021

“Credit Suisse Group AG reported a $4.7 billion hit from the meltdown of Archegos Capital Management, slashed its dividend and said its investment banking and risk chiefs would leave the bank. Chief Executive Thomas Gottstein will stay in his job, but Chief Risk Officer Lara Warner is leaving the bank Tuesday and head of investment banking Brian Chin will depart at the end of April.”

Wall Street Journal
April 6, 2021

“It boils down to … not having cross organizational intelligence … around reputational risk, Mr. Kossovsky said.”

Click on Read More (below) for full text (no paywall).

Steel City Re offers frameworks, processes, and insurances for reputation risk management.

Click on the highlighted text for a broader view of reputation risk case studies and reputation premium; or to explore 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.

What’s your strategy?