IRM's 2014 Global Risk Awards

Latest News
Lenders step-up efforts to help retirees with interest-only mortgages
Lenders step-up efforts to help retirees with interest-only mortgages
Banks are increasing their efforts to cope with growing numbers of elderly and retired customers who have interest-only mortgages they will not be able to repay. The moves are to avoid a fresh batch of repossessions, after estimates suggest that approximately two per cent of interest-only mortgage holders have no clear repa… Read more
More banking cuts as Lloyds becomes the latest to cut jobs back
More banking cuts as Lloyds becomes the latest to cut jobs back
Lloyds Banking Group (LBG) has become the latest bank to cut both jobs and premises, in moves to increase its digital arm. LBG, which is part-owned by the taxpayer, confirmed that 9,000 jobs would be lost, along with 200 branches closing nationwide in the next three years. The current workforce stands at around 88,000, with… Read more
One step forward…total crash
One step forward…total crash
This week’s collapse of the Bank of England’s CHAPS payment system after ‘routine maintenance’ left thousands of house buyers biting their nails as their transfers stalled for 10 hours. While this particular collapse made headlines because of its scale – an estimated £277 billion a day passes through CHAPS – UK banks do see… Read more