The European Central Bank (ECB) has imposed an administrative penalty of €6.63 million on Goldman Sachs Bank Europe SE after the bank reported wrongly calculated risk-weighted assets for credit risk.

ECB - European Central Bank

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Published on May. 15th, 2023 Published on May. 15th, 2023

Scenario: Error / Risk Model Error

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Jul. 19th, 2023

How to quantify the risk of climate litigation for banks?

Clients are a major source of banks' exposure to climate-related litigation. Indeed, the financing of a project can be seen as part of the causal chain of environmental damage. Watch this video to understand how this emerging risk can be quantified, by combining external data on climate-related litigation with internal data linked to portfolio sector allocation.