Top 10 op risks: Political intervention

Top 10 op risks: Political intervention

Friends...for now: Angela Merkel and Antonis Samaras, political leaders of Germany and Greece

The largest single economic uncertainty facing the world – and, not coincidentally, one of the largest potential sources of operational risk – remains, as it was a year ago, the eurozone debt crisis. The November agreement on aid to Greece and the €37 billion deal to restructure Spain’s debt-laden banking sector are signs of hope, but the crisis is far from over and a break-up of the eurozone has still not been definitively averted.

Meanwhile, in the US, a self-inflicted crisis of almost equal

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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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