Archive for: October, 2011
Elizabeth Lumley - Finextra - London | 06/10/2011 | 3416 views
So, now we all know the dirty little secret at the heart of the latest alleged 'rogue trader' scandal at UBS. Risk management was ignored. Well, knock me down with a slide ruler.
Now, I wrote a rather snarky blog when this scandal broke asking whether the lights were even turned on in the UBS trading floor, never mind the VaR calculations, risk l...
Tags: Dealing rooms, Risk & regulationGroup: Financial Risk Management