Banking is about risk. Deal with it.
Banks have given their shareholders a rough ride this year. But the banks are the same beasts that gave them rich profits in previous years. The lesson of the credit crunch is not that banks should take more or less risk — but that shareholders and top executives need a clearer idea, and more honest assessment, of what risks they are taking.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: