How your company engages with GenAI and cybersecurity determines whether you’re part of the problem or at the forefront of the solution. Tech expert Colin Troha has advice on how to build out enterprise-wide security and privacy capabilities to minimize risks.
The opportunities presented by generative AI are significant, but leaders need to focus equally on the risks. What is a responsible C-suite member supposed to do?
Companies are facing risks that are bigger and more complex than ever before. To create competitive advantage, risk management should be embedded throughout an organization.
To unlock the full potential of digital, companies need to embed digital elements in their organizations from top to bottom and side to side.
BCG Executive Perspectives offer insights on global topics that matter most to leaders in the public and private sectors. This edition explores how COVID-19, geopolitics, and the explicit linking of climate policy and trade policy are affecting global trade trends.
For digital bancassurance to take off, these things have to change.
They remain a critical source of information and guidance, a survey shows—even with the pandemic having pushed many activities online.
With the right strategy and platform, banks can transform ESG data from a headache into an opportunity.
Data is increasingly valuable, yet some organizations lack the capabilities to capitalize on it. A key first step is setting realistic ambitions to improve data maturity.
In an era of rapid change and complexity in the banking sector, effective risk management and quick response times are crucial for banks to thrive and maintain trust.
A liquidity crisis can move as fast as a cyberattack. Rewrite your crisis playbook to outpace a bank run with speed, coordination, and control.
Recent bank failures showed that stronger risk management is a must for financial institutions. Get started now with measures like stress testing and liquidity reviews.
Banks cannot miss opportunities to precisely manage costs. A disciplined cost-management program can focus your business on clear accountabilities and worthwhile incentives.
It’s hard to know how regulations will change after the recent banking crisis—but change is surely coming. Several sensible moves help banks prepare.
For now, corporate sustainability spending may be curtailed. But investors believe that in the long run, ESG will remain a powerful driver of portfolio performance.
Despite the volatile interest rate environment, this year’s survey of bank treasury executives shows progress in balance sheet optimization, but operational improvements have stalled.
This is no time for complacency. The improving interest rate environment may provide temporary relief, but banks need to use this cushion to fund their transformation.
US and EU regulators are scrutinizing financial services more closely, and that is impacting PE firms. Leaders need to up their game to remain in compliance.
Can we dismantle the underworld economy? BCG’s Hanjo Seibert breaks down the complexities of money laundering—and how to wield our collective power to turn off the money tap for criminals.
BCG’s Antti Belt gives insight on how traditional leaders can combat new digital players encroaching on their turf by thinking how they want to compete, which small digital projects they can launch, and scaling their best projects fast.
BCG’s Eric Boudier discusses the importance of commodity trading and risk management.
