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Finance International

Forex scandal exposes difficulty of financial regulation

The latest foreign exchange fixing (forex) scandal, which led to a $4.3 billion bank settlement with American, British, and Swiss regulators reinforces the difficulties of effectively regulating the financial markets.

Finance International

A Secret for Success: Understanding Risk Management

If the state of risk analysis could stand some improvement, what does that say about risk management?  The point is, flawed risk analysis leads to poor risk management: garbage in,