Capco: Ten Pitfalls with Credit Risk Reporting

Credit risk is as fundamental to banking as wheels are to a bicycle. Banks have been in the business of lending and managing the resulting credit risk since their inception. Prior to their existence, moneylenders played the
role across all civilizations. Throughout history societies have viewed the lending of money in many ways, from much-needed lifeline to exploitation. For centuries conventional wisdom maintained that optimal debt was zero.
Only recently, in relative terms, has the field