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ORX News top 5 largest losses in May 2024 and a focus on two significant events caused by human error

ORX News top 5 largest losses in May 2024 and a focus on two significant events caused by human error

FromThe ORX Operational Risk Podcast


ORX News top 5 largest losses in May 2024 and a focus on two significant events caused by human error

FromThe ORX Operational Risk Podcast

ratings:
Length:
16 minutes
Released:
Jun 26, 2024
Format:
Podcast episode

Description

Listen to this episode of the ORX Operational Risk Podcast to hear the ORX News team cover the five largest operational risk losses of May 2024, as well as focus on two significant events reportedly caused by human error. Specifically, a fat finger error which recently cost Citi $139 million dollars and another case which cost Barclays $1.5 billion dollars.
You can find the top 5 operational risk losses discussed in this episode, along with all previous top 5s, on our website at: https://orx.org/blog/top-5-orx-news-losses-q2-2024
ORX News subscribers can read more about the stories covered in this episode, including news digests, a Deep Dive and an In Focus article, via the ORX News website here: https://news.orx.org/node/10891, https://news.orx.org/node/10789, https://news.orx.org/node/12267 and https://news.orx.org/node/12365
To find out more about ORX News, ORX Membership, and access other operational risk resources, just search ‘ORX’ or visit: www.orx.org
 
Released:
Jun 26, 2024
Format:
Podcast episode

Titles in the series (56)

Updates and insights on operational and non-financial risk management from the largest operational risk association in the financial services sector.