A new era for Italian op risk
Italian bankers are catching up with international standards of risk management, with a little encouragement from Basel II.
Italy's banking sector is entering a new era in terms of its attitude towards risk management. Bankers now consider good operational risk management to be essential for delivering improved return on equity for shareholders.
By Oonagh Leighton
Basel II is also encouraging Italian bankers to adopt more sophisticated practices in order to meet the higher standards being adopted globally.
As in most
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