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Building a risk culture

German bank WestLB appointed its first chief risk officer, Matthijs van den Adel, last year after posting heavy losses in 2002 and 2003. His first job was to restructure the bank’s entire risk management framework. By Duncan Wood

Deutsche hires Grenier from Fidelity

Deutsche Asset Management (DeAM) has hired Bart Grenier as head of its speciality fixed income business – a newly created position. Grenier joins Deutsche Bank’s asset management arm from Fidelity Asset Management and Research, where he was a senior vice…

S&P makes push in Asia

Standard and Poor’s (S&P), the ratings agency and index provider, has hired Toshiki Ando as a business development director for Asia - a new role within its securities data unit.

Mandate expands, but money doesn’t

Operational risk managers face two contradictory forces: greatly increased responsibility but not-so-greatly increased resources, according to our third annual global operational risk survey. By Ellen Davis

China in its hand

As Industrial Commercial Bank of China receives a $15 billion bailout from the government, the challenges in attracting foreign investment and strengthening the sector become ever more apparent. James Ockenden talks to the China Banking Regulatory…

Deutsche hires El Khoury

Jean El Khoury has joined Deutsche Bank as a director, US index trading, in the securities arm’s global markets division.

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