The British Business Bank has appointed Chantal Geall as its new Chief Risk Officer (CRO), effective from September 2023. Chantal Geall joins the British Business Bank from Lumon Pay, a private equity-backed firm that provides payment services and foreign exchange to private individuals, small businesses and institutions.
Starling Bank is introducing virtual cards for Joint Current Account customers, after a successful roll-out to Personal Current Accounts in December 2022. Joint Current Account holders can now use virtual cards to double down on their budgeting skills, keep track of joint subscriptions and spend with even more security.
This Risk.net survey report explores the current state of risk controls in investment banks, the challenges of effective engagement across the three lines of defence, and the opportunity to develop a more dynamic approach to first-line risk control