Coming of age


It is becoming clearer which banks have shown prudence throughout a decade of financial excesses, and those in South Africa seemed to have kept clear of the worst risks. The country has by many standards a developed economy, but suffers some of the infrastructure frailties common to its developing neighbours and, like the rest of the world, it has not been immune from the economic downturn. Standard Bank of South Africa, the country’s largest bank, has remained fundamentally undamaged by the

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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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