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Citi's Wertheim: Op risk function must prove added value

Financial firms are focusing much more on operational risk, but risk managers still need to demonstrate to their peers how op risk management adds value, says John Wertheim, head of operational risk for Europe, the Middle East and Africa at Citi in London.
   
“There is certainly a greater focus on operational losses and a strong desire to mitigate risk,” he told a seminar organised by the British

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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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