Ernst & Young Global Banking & Capital Markets Center - Ernst & Young - Global

In the aftermath of the credit crisis, the changing nature of liquidity risk management demands attention from the global banking industry. Read our summary of the challenges banks face in this area. 

How do you manage through the recession and position your company for growth? Our banking and capital markets executives conducted over 5100 client meetings and identified some overarching themes. Enhancing risk management practices like forecasting and stress-testing and optimizing capital availability and deployment could mean the difference between surviving and thriving.

The current financial crisis has made the role of the bank audit committee exponentially more challenging. We reveal how increased risks, strained resources and heightened scrutiny are impacting bank committees, and why their oversight is more important than ever to the financial health of an organization.

Industry leaders talk about IFRS and the future of financial reporting in this country and around the world. Watch highlights from our May 2008 IFRS Conference  

The credit crisis has driven many financial services executives to intensify their focus on risk convergence and risk management. Our latest survey shows how firms are adapting, while we offer perspectives on the work that still needs to be done.

The credit crisis has thrust asset-backed securities and other high-risk financial instruments into the spotlight. Coincidentally, for the past year, European banks have been wrestling with the newly mandated IFRS 7 requirement for financial instrument disclosures. Has IFRS brought more transparency to financial reporting? We analyze several first year IFRS 7 disclosures to give you an insider perspective.

Lenders must work to stem losses and return to future profitability in a new, dramatically altered mortgage market. With a full suite of operations improvement, technology and risk management and compliance services, our Consumer Finance Advisory practice is helping lenders rethink their business model and revamp their production and servicing operations.

CFOs are coming under increasing pressure from their boards to fill a more strategic role, and the credit crisis has heightened that sense of urgency. Meeting this obligation is no easy task. Hear what leading bank CFOs have to say about the challenges in building a better finance operating model and how we help them answer the fundamental question: “How can we rise to the standard now expected of us?”