Banks adjust to new risk culture
Financial firms stress their risk management credentials, but frauds and failures are likely to grab future headlines unless incentives are appropriate.
December 05, 2011
Risk is a growth business. But today, the focus of many financial firms is less about the trade-off between risk and return, and more about simply managing a proliferation of menaces, hazards and dangers. Anticipating risk, preventing it, monitoring it, mitigating it and, ultimately, paying for it are a primary concern.
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