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Psychological profiling: Can rogue trader as be flagged ahead of time?

Psychometric tests are used to aid selection of potential high-flying employees, but could they also be used as a risk management tool? Duncan Wood reports

Last October, a former rogue trader sat down in front of a series of multiple choice questions and worked his way through a 45-minute personality test. His answers were analysed by a testing firm – one of many companies that produce and market these questionnaires. Among other findings, the test showed that the former trader had a strong desire to try and get himself out of trouble rather than

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Emerging trends in op risk

Karen Man, partner and member of the global financial institutions leadership team at Baker McKenzie, discusses emerging op risks in the wake of the Covid‑19 pandemic, a rise in cyber attacks, concerns around conduct and culture, and the complexities of…

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