FRSGlobal

eFinancial careers, 1st July 2011: Risk managers need to choose American banks if they want authority, Europeans if they want a deep understanding of the issues

The US banks are aiming to appease regulators by demonstrating they have the decision-making process in place, but this also means risk managers are more likely to sit in their own silo, and ensure they're not the one held responsible should something blow up, suggests Selwyn Blair-Ford, head of global regulatory policy at Wolters Kluwer Financial Services' FRSGlobal.

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