Borge, speaking in Philadelphia yesterday at the sixth annual Wharton Financial Institutions Center Risk Roundtable, sponsored by the Wharton Financial Institutions Center and consulting firm Mercer Oliver Wyman, said Bankers Trust embraced risk management at the top management level because the bank was performing poorly in the 1970s and its senior management needed a tool to find out why and pull it back from the brink.
Charles Sanford, Bankers’ CEO, embraced Raroc and risk management gener
To continue reading...
Start a Risk.net Trial
Register for a Risk.net Business trial to access this article. Sign up today and get access to: