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Evolution of op risk

From looking at what operational risk means today, talk at the conference turned to the future of the discipline and its evolution into a more all-encompassing operation

Could enterprise risk management (ERM) have prevented the SG rogue trading event? Not according to a panel of experts at OpRisk USA moderated by Marta Johnson, global markets group, infrastructure, operational risk, at Bank of America. Panellist Allan Grody, adjunct professor emeritus, Stern Graduate School of Business, said ERM would not have prevented the SG event as it doesn't have a granular

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