BBA Op Risk Data Project Gains Momentum

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LONDON--Around 50 banks have now expressed serious interest in the British Bankers Association (BBA) operational risk database project, the industry body claimed last week. The BBA is hoping that it will be able to start amassing data as early as next summer.

The BBA refuses to name any of the interested banks, but John Thirlwell, the BBA director leading the data-gathering project, claims that they come from a range of banking sectors from retail through to wholesale and investment.

Despite the

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