Confronting the perils of risk

Faced with escalating risks to reputation, profitability and from regulation, financial firms are on the back foot.

Risk is a growth business. But today, the focus of many financial firms is less about the trade-off between risk and return, and more about simply managing a proliferation of menaces, hazards and dangers. Anticipating risk, preventing it, monitoring it, mitigating it and, ultimately, paying for it are a primary concern.

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