Q&A: The Risk Riders

Special Report

Pierre Leignadier President OmniMarkets

Where have risk managers in the past gone wrong when it comes to counterparty credit risk?

Pierre Leignadier, OmniMarkets: Risk managers have been impotent. When things are going well, they impede or slow down good risk taking and when things are bad they never have the authority to reduce positions. This lack of power often combined with not being properly in tune with the evolutions of the market has been where things have gone wrong in the past. Instead

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