North American banks outpace European peers in ERM
New research shows US, Canadian banks have more developed enterprise risk management functions
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Two-thirds of banks in North America formally define enterprise risk, compared with just 30% of European lenders, new data shows.
Banks in Africa, Asia-Pacific, Latin America and the Middle East fall in between, with their figure standing at 50%.
The findings come from Risk.net’s Enterprise Risk Benchmarking research, which draws on responses from 37
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