People risk is the top threat

LONDON -- People risk is the top risk confronting financial firms, but so far little attention has been paid to the management of human resources as part of risk management, says a report issued in July by professional services firm Pricewaterhouse Coopers (PwC).

Previous reports have suggested that people risk, which covers a range of threats posed by bad decision-making, poor leadership, ill-trained staff, incompetence and fraud, has replaced technological, legal and financial risks as the

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