Bank of America Corp. (BofA) has expanded its risk management unit with the appointment of two executives, Bloomberg reports. The lender has selected Jim Alessandri as retail risk management executive ...

Banking companies did not originally intend to get into the risk management business - they were pulled into it when they bought property/casualty agencies that offered such services. But some banking ...

Lloyds Banking Group Plc is restructuring its risk management division, the latest change in Chief Executive Officer Charlie Nunn’s yearslong push to simplify the lender. The restructuring means about ...

Genstar Capital said it acquired the risk management unit of business-information services provider IHS Inc. The unit, IHS’s Operational Excellence and Risk Management business, will be based in ...