Compendium
Jun 07, 2023Investing confronts us with both risk and uncertainty — and the difference between the two is critical. Inexactitudes notwithstanding, risk does at least lend itself to measurement — this is the central thrill of Bernstein’s Against the Gods.
Compendium
Apr 10, 2018As Onora O’Neill has noted, effective culture change among banks – and particularly among those firms that have suffered from highly-visible misconduct challenges – is the first step towards rebuilding the financial industry’s reputation and to revitalizing a socially responsible and trustworthy profession. In the effort to identify the root causes of misconduct issues, the FSB has developed a number of indicators ... (cont)