Chartis: Aligning Risk And Finance In Banks: From Theory to Practice
For many years, banks have considered pursuing a greater alignment and integration of their risk and finance functions, often encouraged by regulators, consultants, and shareholders. However, projects to reach this goal inevitably fell short and were abandoned because of a lack of commitment or substantial barriers that made the benefits not worth the cost.
The financial crisis has changed the way that banks look at risk and finance integration, and these projects have once again been
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