Regulation and derivatives still biggest banking risks

Derivatives, especially credit derivatives, are among the biggest risks facing banks globally, according to the latest annual 'Banana Skins' survey published by UK-based think tank Centre for the Study of Financial Innovation (CSFI).

The survey, conducted from April to May and based on 468 responses from 60 countries, cited "too much regulation" as the biggest risk - topping the list for the second consecutive year. This was followed by credit risk (retaining second place), derivatives (up to

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