This week's risk management news includes the resignation of Russia’s central bank deputy governor, debate on IMF’s Eurozone report, and the end of Discover’s temporary card number programme.
September 07, 2011 | The Asian Banker Editor
Russian central bank deputy governor to step down
Gennady Melikyan, deputy governor in charge of bank supervision at Russia’s central bank has announced he would step down on September 9th, following a series of scandals in which regulators allegedly failed to detect massive mismanagement in some of Russia’s largest banks.
IMF estimates on Eurozone banks balance sheet spurs heated debate
International Monetary Fund staff have provoked a fierce dispute with eurozone authorities by circulating estimates showing serious damage to European banks’ balance sheets from their holdings of troubled eurozone sovereign debt.
Discover stops temporary card number programme
Discover Financial Services has notified customers of the discontinuation of its temporary card number programme “Secure Online Account Number” commencing September 8th due to existing security features of Discover credit cards.
Re-disseminated by The Asian Banker
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Risk And Regulation Working GroupKeywords:Central Bank Of Russia, IMF, Discover Financial Services