Bread-and-butter op risks at the top table
As G-Sibs are forced to do more, how can they avoid doing more wrong?
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According to one op risk manager, execution and processing errors are the “bread and butter” of op risk – getting stuff wrong, slipping up, blundering, bungling, boo-booing, or botching something in the ordinary course of business. Why are global systemically important banks so worried about it, then?
The category re-entered the Top 10 Op Risks this year at sixth place, with the bulk of the voting coming from the
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