richRoam: Legal Risk

Blog imparts knowledge of Banking & Finance

Showing posts with label Legal Risk. Show all posts
Showing posts with label Legal Risk. Show all posts

Monday, February 20, 2023

Legal & Reputational Risk

February 20, 2023 0
Legal and reputation risks co-exist. Factors that cause legal risk also lead to reputational complications. For example, an annoyed employee due to redundancy or any other complaint may put up a Legal case against the bank. Whatever the nature of the case may be a little or big, simple or complicated, the bank has to hire a lawyer with a heavy fee which is...