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OpRisk Europe: Incorporating legal risk "not a done deal" at Deutsche

Rob Nagra of Deutsche Bank tells of the tough journey Deutsche have had to get legal risk recognised as operational risk, while another international bank has found it easy

legal
Banks adopt contrasting approaches to legal risk

Incorporating legal risk as an operational risk is "not a done deal" at Deutsche Bank but is now a part of the bank's legal mission statement. Rob Nagra, director, UK regional head of ORBCM at Deutsche Bank talked today at OpRisk Europe about the journey the bank has taken in order to have legal risk recognised as an operational risk. "By collaborating with the legal department over a number of

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