ORX News top 5 operational risk losses February 2023 & 2022 Year in Review

About the episode

In this episode of the ORX Operational Risk Podcast, the ORX News team take a look at the five largest operational risk losses of February 2023 and discuss the key findings from the 2022 Year in Review report. They also cover the impact of trade finance fraud by looking at two separate stories reported by the ORX News team, including the recent cases involving Trafigura and HSBC.

Episode resources exclusively for ORX News subscribers

Trafigura loses up to USD 577 million in fraud by commodity trader using fraudulent documents

HSBC loses up to USD 598.1 million in financing over alleged undisclosed losses at Hin Leong

HSBC and 22 other banks lose USD 3.64 billion in Hin Leong Trading collapse

ORX News subscribers can read the report here:

Full Year in Review 2022

Listen to the episode for more insights

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