This week we chat with Adrian Docherty, who heads up BNP Paribas’ Bank Advisory team. His team helps banks who are customers and counterparties of BNP Paribas to improve their management of risk, capital, funding, liquidity and profitability. He is also the author of Better Banking: Understanding and Addressing the Failures in Risk Management, Governance and Regulation.
The Lead Left: Adrian, your clients are major global banks. What are the challenges they face today?
Adrian Docherty: Now that Basel III is live, we have a drive for effectiveness, simplicity and harmonization, but different initiatives are taking us in different directions, which results in increased complexity and contradictions. Some of what the banking authorities say in theory doesn’t follow through in practice.