RISKCHECK July 2017 Issue # 120 | [email protected] | www.benchmatrix.com

LATEST NEWS ON OPERATIONAL RISK

*LOCAL NEWS GLOBAL NEWS

Nawaz Sharif steps down 'files Deutsche Bank, as PM after SC’s complaint' with JPMorgan to pay disqualification verdict World Trade $148 million to end Organization yen Libor cases in 28 July 2017 - The Supreme U.S. Court on Friday disqualified Prime 31 July 2017 - Qatar is Minister from reported to have filed an 22 July 2017 - Deutsche holding public office in a official complaint with the Bank AG (DBKGn.DE) and landmark decision on the Panama World Trade JPMorgan Chase & Co Papers case. Justice Ejaz Afzal Organization (WTO), (JPM.N) have agreed to Khan, who had headed the apex aimed at challenging an pay a combined $148 court's implementation bench ongoing trade boycott by million to end private U.S. following its April 20 order on the Saudi Arabia, Bahrain antitrust litigation claiming case... and United Arab they conspired with other Read full story Emirates… banks to manipulate... Read full story Read full story

LOCAL NEWS GLOBAL NEWS U.S. toughens stance on foreign deals in blow to China's buying Political polarisation, U.S. fines American, spree security challenges Delta, Frontier for pose risks to growth: consumer rule 21 July 2017 - A secretive IMF violations U.S. government panel has objected to at least nine 14 July 2017 – International 22 July 2017 - Frontier acquisitions of U.S. Monetary Fund (IMF) on Airlines, American Airlines companies by foreign buyers Thursday warned Pakistani and Delta Air Lines have so far this year, people authorities of economic risks been fined for violating U.S. familiar with the matter said, stemming from political Transportation Department a historically high number polarisation and security airline consumer protection that bodes poorly for China's challenges, reiterating the rules, the department said on overseas buying spree... importance of inclusive Friday... Read full story policies to realise growth Read full story outlook… Read full story FedEx says cyber Calls for law change attack to hurt full-year MCCI demands release after Indians left in results of funds dark over data leaks 17 July 2017 - Package 16 July 2017 - The 15 July 2017 - Fears Indian delivery company FedEx government has failed to telecom upstart Reliance Jio Corp (FDX.N) said a achieve the tax targets fixed suffered a major data disruption in services in its for 2016-17 despite breach, compromising the TNT Express unit following a employing all tactics and personal data of over 100 cyber attack last month delaying the issuance of million customers, have would hurt its full-year refunds describing it prompted calls for India to results… concerning and adopt more robust laws to Read full story discouraging... protect consumers… Read full story Read full story European banks struggle to solve toxic Currency depreciation BMW rejects media shipping debt problem reports of emissions 7 July 2017 - It is extremely manipulations 24 July 2017 - Dutch worrisome for a country if its shipowner Vroon is finding finance czar cannot himself 23 July 2017 - German talks with banks tough going understand how the national carmaker BMW on Sunday as it tries to navigate a way currency could have rejected media reports that out of a long slump in the depreciated against the the emissions treatment shipping industry. But it is not dollar by as much as 3.10 systems in its vehicles do not an easy time for the lenders per cent on July 5, 2017 — work effectively and that it either… the single-largest drop in colluded with rivals on their Read full story rupee value since design... 2008. What is surprising is Read full story that the currency value dipped after being stable for almost three straight… Read full story

* Local news refers to the news related to Pakistan. * Resource - Dawn and Business Recorder GLOBAL NEWS stocks was poised to snap a German regulator to 10-session winning streak… assess suitability of Read full story Deutsche Boerse U.S. Moves to Drop management Charges Against Ex- Weak mortgage Traders in ‘London income hurts U.S. 21 July 2017 - A German Whale’ Case regional lenders regional exchange regulator will assess the suitability of 22 July 2017 – An effort to 21 July 2017 - Weak Deutsche Boerse's hold someone accountable refinancing, thanks to higher (DB1Gn.DE) management for JPMorgan Chase’s loss of interest rates, took a bite out board after allegations of more than $6 billion in the off regional banks' earnings insider trading against the so-called London Whale in the second quarter and company's chief executive trading scandal is coming to loan growth remained officer earlier this year... an end, with federal sluggish, mirroring trends Read full story prosecutors in Manhattan seen at larger banks... moving on Friday to dismiss Read full story In China, Herd of ‘Gray all criminal charges against Rhinos’ Threatens two former bank Honda recalls 2.1 Economy employees… million vehicles Read full story worldwide over fire 23 July 2017 - Let the West risk worry about so-called black As Paperwork Goes swans, rare and unexpected Missing, Private 15 July 2017 - Honda Motor events that can upset Student Loan Debts Co (7267.T) said on Friday it financial markets. China is May Be Wiped Away would recall about 2.1 more concerned about “gray million vehicles worldwide to rhinos” — large and visible 17 July 2017 - Tens of replace battery sensors due problems in the economy thousands of people who to the risk of fire… that are ignored until they took out private loans to pay Read full story start moving fast… for college but have not been Read full story able to keep up payments With new Takata air may get their debts wiped bag recalls, away because critical automakers may face paperwork is missing... more liabilities Read full story 19 July 2017 - Takata Dollar slumps anew, Corp's 7312.T bankruptcy world stock rally stalls filing last month was meant Currency depreciation to draw a line under the auto industry's biggest safety 7 July 2017 - The U.S. dollar recall, but last week's sank to its lowest in more announcement of more air than a year against key bag inflator recalls suggests world currencies on Friday automakers could face fresh as investors assessed liabilities in the future... comments from the European Read full story Central Bank and obstacles to U.S. President Donald Trump's domestic agenda, while a global gauge of

* Local news refers to the news related to Pakistan. * Resource - Dawn and Business Recorder

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* Local news refers to the news related to Pakistan. * Resource - Dawn and Business Recorder

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