The weight of blame


In an article that has become notorious for its description of Goldman Sachs as "a great vampire squid wrapped around the face of humanity", Rolling Stone's July issue accused the bank and its alumni of manipulating policy and markets to enrich themselves and impoverish everyone else. The 12-page feature might have been a lurid assault on the banking industry, but it shouldn't have come as a shock – it's just the foam on a huge wave of public anger.

From blogs and online comments, to

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Investment banks: the future of risk control

This survey report explores the current state of risk controls in investment banks, the challenges of effective engagement across the three lines of defence, and the opportunity to develop a more dynamic approach to first-line risk control

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