EY – The EY/IIF global risk management survey shows that banks must manage multiple interconnected risks and the impacts of external events.

The results from the 12th annual EY/IIF global bank risk management survey confirm that banking industry chief risk officers (CROs) face an extraordinary volume and variety of risks — traditional and emerging, external forces and internal pressures — nearly all of which seem to be increasing in urgency. But CROs’ biggest challenge may be understanding how intersecting risks can create single or multiple points of failure, even when traditional risk management metrics look stable.

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