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If you consider the differences between knowledge and wisdom… you begin to see that one gets you through the day/hour, while the other gets you through life/the situation. Wisdom always adds the benefit of context drawn from experience. I was … Continue reading
Wall Street will never stop springing these surprises so long as : 1) Global bank regulation allows it. 2) Management of banks believe it will never happen to them. 3) Training of bank staff in risk management is universal and … Continue reading
Half of respondents (55 per cent) reported that they had never heard of “nudges and incentives to design learning”, despite the concept having been the subject of a bestseller named as “best book of the year” by the Economist, and … Continue reading
In the fast changing world of bank regulation right now, Rachel Wolcott has picked up on a very important and topical debate with her article in the Financial Regulatory Forum, “Time to merge risk management and compliance?”. Indeed, non-compliance with … Continue reading