Financial crisis

Risk management should be more than just a decoration

Despite massive investment in human capital and technical resources, risk managers failed to warn about the dangers of toxic assets and excessive leverage in the run-up to the global financial crisis. Their lack of authority is partly to blame, writes…

LSE: "Banking crises are unavoidable"

There is only one way to avoid a banking crisis, according to the co-director of a new London School of Economics research centre - and that's not to have a banking system. By Laurie Carver

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