NU Online News Service, Feb. 18, 12:26 p.m. EST
The global financial crisis brought a new focus on risk management, with nearly 34 percent more institutions reporting they have adopted enterprise risk management programs compared to 2008, according to a survey by Deloitte.
The seventh edition of the report, titled “Navigating in a Changed World,” surveyed chief risk officers, or their equivalent, from 131 financial institutions globally, with aggregate assets of more than $17 trillion. They represent a range of financial services sectors including banks, insurers and asset managers, Deloitte said.
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