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StanChart credit head describes ‘horrific’ loss of regulators’ trust

Banks must repair relationships with regulators, Scanlon says

mistrust

A senior banker has warned of the breakdown in trust between banks and regulators, during the Annual Risk Management convention run by the Global Association of Risk Professionals in New York this week.

Robert Scanlon, group chief credit officer at Standard Chartered, told the conference that relationships with regulators have changed dramatically over the last five years. "Nobody will put their

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