When extreme weather hits, community banks are at risk more often than the largest banks, especially when it comes to floods, the New York State Department of Financial Services warned...
A Commodity Futures Trading Commission subcommittee in 2020 singled out community banks as being especially vulnerable to climate change physical risks because of their concentrations in commercial real estate....
The Invictus Group has named Avik Ray as director of its new climate risk division. Ray will be responsible for the development of analytics to help community banks navigate expected...
The Invictus Group has created a new climate risk analytical division to help community banks. “Our company, which cemented its reputation in stress testing before it became a bank standard,...