This Case is about RISK MANAGEMENT
PUBLICATION DATE: June 30, 2009 PRODUCT #: INS101-HCB-ENG
The case is set in the financial services sector during the fiscal disaster of 2008/09 and discusses problems when determining on “reasonable” compensation packages for both senior management as well as risk managers. When the association is revealing a decline/taking government money to live, how can banks warrant multimillion dollar bonuses to top management? Can settlement bundles please both investors and workers at distinct phases of the cycle and be competitive? The case emphasizes the sector’s soul searching and tries to appease an indignant people and manage potential prospective difficult scenarios better.