OpRisk Benchmarking Survey 2012
A survey carried out by Operational Risk & Regulation suggests operational risk is high on the agenda of senior bank executives, but perhaps not as deeply embedded in the organisation as they or their regulators might like. Rob Mannix reports
"As important as we have ever been," is how one operational risk professional describes the current status of his peers in the banks they work for. After a decade as the upstart discipline in risk management, operational risk is winning the attention of senior management. While banks cut staffing in the traditionally dominant areas of risk (credit and market risk) they are hiring and training in
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