Correlation Risk Overwhelms the Global Banking Industry

Author(s):  
Niranjan Devkota ◽  
Udaya Raj Paudel ◽  
Ghanashyam Khanal

Going green, in recent days, has been a buzzword for both global banking and financial sectors and for the general public. Green banking as a part of “going green,” referring to the environmentally friendly practices that reduce the carbon footprint by using online services, is a new way of performing the banking businesses considering the clean environmental issues as well as the corporate social responsibility of banks. In this context, this chapter offers an improved understanding of the importance of adopting green banking in the Nepalese banking industry. This chapter uses a mixed-method of analysis – both primary and secondary data were used. The customers and bankers are found to have less awareness regarding the concept of green banking practices in the Nepalese context. In order to promote green banking practices, the banks and governments are required to be aware of the people with the help of some effective policy interventions.


2015 ◽  
Vol 3 (2) ◽  
pp. 13 ◽  
Author(s):  
Saud Al Taj

After decades of success in the global banking industry, the Royal Bank of Scotland fell to the brink of its collapse in 2008 owing to the recent global financial crisis that entirely shook the financial sector of the United Kingdom. The man whose leadership was once acknowledged for the remarkable success of the bank, former CEO Sir Fred Goodwin, was held entirely responsible for the collapse owing to his decisions of hostile acquisition of the ABN-Amro bank and pushing the banking industry into ‘filthy’ executive pay and bonus culture. The case study will review the evidence from 2000-2009 to discuss the rise and fall of the royal bank in the light of the corporate governance failures during the difficult times of global recession.


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