TOKYO--Sumitomo Bank has completed a revamp of its market risk management operations. Risks arising from the bank's global trading and banking activities are now monitored on an enterprise-wide basis, say Sumitomo officials, using daily VAR reports and regular scenario analyses.
Kenji Aono, assistant manager at Sumitomo's Tokyo-based market risk management department, says the group was formed in order to streamline the bank's market risk reporting. The department produces daily market risk r
The week on Risk.net, July 7-13, 2018Receive this by email