When Perfect Risk Models Fail: The Human Factor [Forbes]
First Citizens BancShares, Inc. - Class A (FCNCA)
US:NASDAQ Investor Relations:
firstcitizens.com/about/who-we-are/annual-report
Company Research
Source: Forbes
getty Risk models at Credit Suisse had flagged the dangers before their $5.5 billion Archegos loss. Silicon Valley Bank's risk metrics showed clear warnings before their collapse . In both cases, sophisticated risk systems functioned as designed. Yet both institutions failed. The reason? Human behavior overwhelmed risk controls. The Paradox Of Modern Risk Management While risk models become more powerful and more sophisticated, we risk professionals are faced with a paradox: We often place too much faith in these systems. This excessive trust makes our organizations more vulnerable to basic human biases. FTX is a perfect example. Despite having advanced trading systems and risk controls, the company collapsed because its leaders allegedly ignored fundamental risk management principles and let overconfidence drive their decisions. This creates a critical challenge for risk management: How do we bridge the gap between technical excellence and human psychology? Three Fatal P
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High impacting First Citizens BancShares, Inc. - Class A news events
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FCNCA
News
- First Citizens BancShares, Inc. (NASDAQ: FCNCA) had its price target raised by analysts at JPMorgan Chase & Co. from $2,550.00 to $2,600.00. They now have an "overweight" rating on the stock.MarketBeat
- Trump Should Be Thankful For Banking Regulations [Forbes]Forbes
- First Citizens BancShares, Inc. (NASDAQ: FCNCA) is now covered by analysts at Truist Financial Co.. They set a "hold" rating and a $2,303.00 price target on the stock.MarketBeat
- First Citizens BancShares, Inc. (NASDAQ: FCNCA) had its price target raised by analysts at Barclays PLC from $2,250.00 to $2,456.00. They now have an "equal weight" rating on the stock.MarketBeat
- Michael Barr to step down as the Fed's head of banking supervision to avoid clash with Trump [MSNBC.com]MSNBC.com
FCNCA
Earnings
- 10/24/24 - Miss
FCNCA
Sec Filings
- 12/23/24 - Form 4
- 12/23/24 - Form 4
- 12/17/24 - Form 4
- FCNCA's page on the SEC website