RiskNews review

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RISK MANAGEMENT

“A cultural revolution” of changing attitudes is taking place among bank credit risk managers, Adrian D’Silva, director of capital markets supervision for the Federal Reserve Bank of Chicago, told delegates at Algorithmics’ credit risk management conference in Vienna. But many financial institutions are ill-equipped to deal with the changes, he warned. The increase in the types of firms using credit derivatives over the past few years has also brought new risk management issues to

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