Is Wall Street Listening to Risk Systems?

Magee, J. R.
December 2007
Securities Industry News;12/17/2007, Vol. 19 Issue 42, p4
Trade Publication
The author reflects on the risk awareness banks and the financial industry. She mentions credit executive Brian Ranson's claim that bankers seem to have short memories when it comes to credit problems. She points out that banks have invested in the improvement of their credit risk management despite their increased awareness of diversification, size control, pricing linked to risk and measuring correlation.


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