**1. Introduction**

Increasing interest towards Risk Management improvement and timely identification of firms' failure are driving demand for the set-up of risk management principles, particularly within the financial and banking industries. Although there is no-one accepted definition for appropriate and infallible risk management principles, research in this field has led to identify best practices that have proven successful results at a variety of industries. Zooming into the Financial Sector, this case study is aimed to present six tips which have strengthened resilience to bankruptcy and economic losses at a leading European Bank which has depicted positive growth in the midst of the Downturn and world-wide economic recession.
