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People moves: BoE s Roth moves to crypto, UBS bolsters US execution hub, and more

People moves: BoE s Roth moves to crypto, UBS bolsters US execution hub, and more
risk.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from risk.net Daily Mail and Mail on Sunday newspapers.

How Credit Suisse rolled the dice on risk management – and lost

How Credit Suisse rolled the dice on risk management – and lost Senior executives pushed compliance to become ‘more commercial’ and dissenting voices were suppressed. Lara Warner, the chief risk and compliance officer at Credit Suisse, was at the centre of controversies.  Stephen Morris, Tabby Kinder, Owen Walker and Robert Smith Apr 21, 2021 – 2.50pm Save Share Five months before Greensill Capital’s collapse, Credit Suisse invited a special guest to present to its top ranks in Asia. The visitor was hailed as the sort of bold entrepreneur the bank wanted to do business with: Lex Greensill. “The tone was ‘this is the exact kind of client the bank wants, tell the MDs to go out and find more guys like Lex’,” says one senior manager who watched the November video conference. It was hosted by Helman Sitohang, the bank’s head of Asia and one of Greensill’s biggest advocates.

How Credit Suisse rolled the dice on risk management — and lost

How Credit Suisse rolled the dice on risk management — and lost Credit Suisse chairman Urs Rohner has some explaining to do at the bank s AGM later this month. © Keystone / Ennio Leanza Five months before Greensill Capital’s collapse, Credit Suisse invited a special guest to present to its top ranks in Asia. The visitor was hailed as the sort of bold entrepreneur the bank wanted to do business with: Lex Greensill. This content was published on April 20, 2021 - 08:50 April 20, 2021 - 08:50 Stephen Morris, Tabby Kinder, Owen Walker and Robert Smith, Financial Times “The tone was this is the exact kind of client the bank wants, tell the MDs to go out and find more guys like Lex,” said one senior manager who watched the November video conference. It was hosted by Helman Sitohang, the bank’s head of Asia and one of Greensill’s biggest advocates.

How Credit Suisse rolled the dice on risk management — and lost

How Credit Suisse rolled the dice on risk management — and lost
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