Banks have a huge range of resources available to aid risk managers, but human nature can still result in a bad decision. Behavioural finance and prospect theory lifts the veil on poorinvestment judgement, writes Gerald Ashley.

As global consolidation continues apace, one essential ingredient for success is becoming evident – to integrate the respective parties quickly.

Susana Fernández Caro reports on negative responses to the European Commission’s draft legislation promoting ‘responsible lending’.

Wall Street banks are facing damages to the tune of $25bn but are reluctant to set aside reserves as they fear it may encourage new claims. Suzanne Miller reports on the legal battle that threatens to spread overseas.

As overcapacity in the banking sector heats up competition even further, banks are seeking new strategies to keep them afloat. Melvyn Westlake looks at some of the models being considered.

Latest developments in the progress of the Basel II Capital Accord have raised concerns by both US and European parties that its complexity will lead to unequal treatment. 

Crashing markets and a stalled economic recovery are starting to hit banks, causing problems which will make them vulnerable to acquisition.