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Operational risk

A flawed structure

Rising default rates in the US subprime mortgage market have caused serious difficulties for lenders, with some filing for bankruptcy. Regulators have demanded a tightening of underwriting standards, but bankers say other factors were also at play.

Whose side is your consultant on?

Choosing the most appropriate front- and middle-office software often requires companies to seek expert advice. However, consultant expertise and objectivity can vary greatly. Choosing the right software consultant is a task itself, writes Ryan Rogers of…

How to keep the barbarians at bay

The recent attempted buyout of Sainsbury's showed that no one is safe from the clutches of private equity; cash-rich houses are now clubbing together in joint bids to target even the largest names. Matthew Attwood explains the consequences for credit…

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