Opinion

Truth and responsibility

The meltdown in subprime collateralised debt obligations will affect financial markets for years. One likely result will be a renewed market willingness to reward sound credit underwriting - and therein lies a valuable business opportunity, argues David…

No going back

The credit crisis has highlighted a series of failings in risk management systems and processes at banks. Hans Blommestein of the OECD describes the steps banks must take to continue to benefit from using derivatives in the long run

Look to risk management

With regulators' showing no mercy for non-compliant firms, now is the time to strengthen risk management and compliance departments

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