Strategies to boost profitability with effective risk management

first_img 13SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr continue reading » With a long list of tasks to accomplish and a constant pressure to succeed, some credit union managers might regard risk-management procedures as taking time away from projects that could contribute more to overall profitability. Though it’s conceivable someone could focus too much on risk management, when performed correctly the process is a critical element to long-term success.Some credit unions have a higher tolerance for risk than others. Usually, accepting more interest-rate risk is seen as a way to generate higher returns; it’s true that risk avoidance could cause lower profitability. Still, excessive interest-rate risk can put a credit union in jeopardy if the market takes an unexpected turn.It’s difficult, of course, to forecast interest rates accurately; even experienced analysts are often surprised by changes in the market. If one were to “know” what was going to happen, protecting assets would be easy and there would be minimal risk involved – and far less reward. The job of the asset/liability management (ALM) function is to protect the viability of the credit union’s business model. This is done by reducing the inherent risks of financial intermediation, allowing for scalability and growth in a safe and sound manner.last_img read more

Madrid Hope to Extend Lead

first_imgIn that game, Karim Benzema scored the opening for Real in the 7th minute, but around the half-hour mark, Merino Zuloaga netted a wonderful team goal to bring parity in the scoreline.Real was looking for inspiration towards the talisman Cristiano Ronaldo, but the Portuguese star was well below his best on the night and could not inject life into the flat Real attack. But just seven minutes from the normal time, Alvaro Morata, who, despite coming as a substitute, sent Gareth Bale’s cross into the back of the net and won the game for his side.Zinedine Zidane’s team has struggled heavily this season, and the Frenchman soon had to figure out the solutions for the difficulties of his team if Real Madrid wants to challenge for major honors this season.However, the Spanish league is off to a tight race atop the standings, with five teams separated by only three points. Yet, most of the talk entering the weekend is about whether  Ronaldo will end his scoring slump.Real Madrid leads the league ahead of its match at Alaves today, but no thanks to Ronaldo’s recent performances. The forward is enduring his worst start to a season since joining Madrid in 2009, having scored only four goals in nine matches.”When you’re used to scoring almost 70 goals a season, it’s almost like an addiction for goals,” Madrid reserve forward Alvaro Morata said. ”For us, he is the most important player in the team and I hope that he scores lots of goals, but he is not a machine. He is a human being. Even if he comes from another planet and is different, he also has the right to miss.”Ronaldo also scored five goals in two games with Portugal, against Andorra and the Faeroe Islands in World Cup qualifying, but that’s no reprieve to the demanding Madrid fans.He was jeered by the crowd at the Santiago Bernabeu Stadium after another disappointing performance in a 2-1 win against Athletic Bilbao on Sunday.”The fans demand a lot of players,” Madrid coach Zinedine Zidane said. ”The Bernabeu is special and we know it. Cristiano knows it and he is used to it. The important thing is to continue with our work.”Ronaldo has scored only two goals in the Spanish league – in a 5-2 win against Osasuna in September and a 6-1 rout at Real Betis two weeks ago. He also scored two goals in the Champions League, one in a 2-2 draw at Borussia Dortmund and one in a 2-1 win over Sporting Lisbon, when his free-kick goal started a late rally.”Of course he wants to score more,” Madrid defender Marcelo said. ”He is a player who helps a lot and not only with goals, also with his work on the pitch.”The game against Osasuna was the first of the season for Ronaldo. He hadn’t played since injuring his left knee in the final of the European Championship, which Portugal won. Ronaldo seems fit and has had plenty of scoring chances, but has not been able to capitalise on them – including on some he usually converts. Zidane says he is not worried and that it’s just a matter of time before he starts finding the net again.The 31-year-old was among the Madrid players rested in the team’s 7-1 win over Cultural Leonesa in the Copa del Rey on Wednesday. He is set to return to the lineup on Saturday, when Zidane’s team tries to defend its Spanish league lead against promoted Alaves.Sevilla, one point behind Madrid, plays at Sporting Gijon today, while third-place Barcelona hosts last-place Granada in its 1,500th game at the Camp Nou. Contrary to Ronaldo, Barcelona’s Lionel Messi is enjoying one of the best starts of his career with 14 goals in 11 matches. He has more goals than Ronaldo, Gareth Bale and Karim Benzema combined.Fourth-place Villarreal plays at Eibar on Sunday, and fifth-place Atletico Madrid, which led the league entering the last round, hosts Malaga today.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram • Concern over Ronaldo as goal drought persistsDeportivo Alaves will host Real Madrid in one of the La Liga matches as the league leader look to extend its lead at the top of the table, but all eyes will be on the Los Blancos talisman- Cristiano Ronaldo, as scoring slump continuesAthletic Bilbao was the last team Real Madrid faced in the league, and the Madrid side won that game, thanks to a late goal from Alvaro Morata. The game was far from easy for Los Blancos, as it struggled to find a way through a resolute Athletic defense.last_img read more

Incoming Arsenal man’s ‘save of the season’

first_imgArsenal are edging closer to signing Bayer Leverkusen’s Bernd Leno.A £19.2million deal is in the pipeline for a player who helped his side finish fifth in the Bundesliga last season.The 26-year-old has been with the club since leaving Stuttgart in 2011 and shortly after joining became the only the third goalkeeper in the league’s history to keep three clean sheets in his first three top flight games.Last season, in a 2-0 defeat to Schalke, Leno made this incredible save to deny Breel Embolo a goal when the forward tried to chip him in the last 10 minutes of the game.It was voted save of the season last term by fans on the Bundesliga’s YouTube channel and it’s not hard to see why.Gooners, though, will be hoping this type of thing is a one-off if he does join the club.He idolised Real Madrid and Spain legend Iker Casillas when he was growing up. “He’s calm and no-nonsense, I’m the same,” he said in an interview on bundesliga.com. “I don’t have to make a show of myself to stand out.”He puts his body on the line, too, as you can see in this video.In 2011, Bayer Leverkusen head coach Robin Dutt said Leno was in the same league as Petr Cech and now it remains to be seen whether the German replaces Cech or David Ospina at Arsenal.last_img read more