Risk recruitment shifts to former front-office execs

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Former front-office executives at UK financial institutions are finding new berths in credit and market risk roles, according to a City recruiter. This is helping to bulk out the risk management talent pool, which has come under pressure as firms and regulators have sought to beef up their risk departments in the wake of the financial crisis.

Most financial services firms are seeking to boost their market and credit risk departments in response to both the trauma of the recent crisis and

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