Over-concentration of services risks raised by September 11 -- Depository Trust chief
NEW YORK -- The major risk to the US financial system posed by the September 11 attacks on New York stemmed from over-centralisation of physical assets -- people and facilities -- related to financial markets in New York, Depository Trust & Clearing Corporation (DTCC) chief executive Jill Considine said in mid-October.
DTCC, the major financial trading services and clearing house firm, planned to take a leading role in helping the US financial industry adopt new best practices to manage the new
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