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Why we need a modern approach to geopolitical risk in the financial sector

Migrant at barbed wire border barrier
Geopolitical challenges in one image: A Ukrainian migrant stands at the Mexico/US border. Photo: Mario Tama/Getty Images

A more proactive approach to resilience building in a new geopolitical risk paradigm for banks and capital markets is needed.

Geopolitics is more frequently appearing in the top three sources of risk for the financial sector. Investors and the broader economy that the banking and capital markets sectors support are also affected. When Blackrock’s Geopolitical Risk Indicator becomes a well-used acronym amongst retail investors, which the BGRI apparently has, geopolitical