Bank risk management weaker in Asia-Pacific, study shows
The connection between risk management and corporate strategy is generally weaker in banks in the Asia-Pacific region than in more developed markets, according to a study by credit rating agency Standard & Poor’s (S&P).
He was speaking at the Asian Development Bank’s annual meeting and referring to an S&P inaugural risk management benchmarking study. More than 50 banks from North America, Europe and the Asia-Pacific region took part in the study, which covered risk governance and
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