Banking Risk Management in a Globalizing Economy Essay - 1

Banking Risk Management in a Globalizing Economy - Essay Example The second part discusses the linked risks to banking globalisation with reference to the 2007-2009 global financial crisis. One of the obvious reasons as to why banks manage to go international in their operation is their ability to deal with risks. In the age of modern technological advancement, banking technology is becoming an integral component of the decision-making process (Hughes and Mester, 2008, p.1). Information is vital in the decision-making process (Timmerman et al., 2008, p.113). With sufficient information, there is an available tool that can aid in the decision-making activity. In the case of banks, especially those performing in the international setting, they evaluate and manage risks, by simply referring to their databases and online information, making them easily have access to problematic clients, and problems that are non-performance that require immediate attention. Banks are always on the go to measure risks (Angelopoulos and Mourdoukoutas, 2001, p.158). Aft er all, risks are associated with their banking business activity. When banks started to employ diversification process in the global background, prior to initiating it, they have already calculated the level of risks facing them. However, the reason as to why they still go forward to investing their business at the global level is their ability to mitigate the presence of threats. The advancement of technology and their ability to adapt it in their entire working system are the mere advantages they have over the presence of varied risks. In other words, one of the reasons why banks go international in their operation is due to their capability to manage risks. They have vital aid that could support them in times of tough decision-making activity, allowing them to decide what is best for their clients and in their whole business operations.

SIMULATION REFECTION Essay Example | Topics and Well Written Essays - 750 words

SIMULATION REFECTION - Essay Example Even though I am now a senior nursing student I still get anxious when I have to confront real world situations because I am afraid of making a wrong decision that would compromise a patient’s health. This is the reason why it takes me a long time to get a nursing diagnosis. Mostly I double check with another nurse to be sure that I am doing the right thing. 2) Did you miss anything in getting report on these patients? If so why? Were you distracted? Did you receive too little information? Did you receive not enough or incomplete information? Were there environmental distractors? Did you have a knowledge deficit regarding the concepts required to comprehensively care for this patient scenario? What actions could you have taken to improve your patient report? What systems are in place that would assist you? (SBAR, etc.) Describe them. The report was correctly related to the patient’s condition. It helped me to understand the present and past medical history of the client. Professor Anderson was very thorough and easy to understand. This particular client had the diagnosis of congested heart failure, which had been covered recently in class. I had knowledge relating to this illness that helped me to provide care for the patient in this condition. One of the distractors for me was to be recorded while working. It made me nervous, not because I did not know what to do but just simply the pressure of knowing that somebody was watching me. I know that I have to work on that. Even now as a senior nursing student, my anxiety still increases knowing that someone is watching me. What I would like is more time with the patient and it would be better if the patient’s conditions were more realistic. In real life, after I administer medication such as Lasix, a beta blocker, and digoxin, I need time to reassess t he patient to know if his or her condition has improved or not. It would be more realistic to have an SBAR instead of using the board