By Klaus Düllmann, Chairman, Research Task Force Concentration Risk Group of the Basel Committee on Banking Supervision
Risk management has become one of the biggest challenges not only for financial institutions, but also for a large variety of companies in other fields. These companies need to manage risk to improve their competitiveness and efficiency.
The Need for Risk Analysis
Pensions are no longer the boring subject they may once have been. The massive deficits experienced by the pension funds of some of the world’s largest companies have brought them right to the front of the news and political agenda.