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July, No. 252a

Comprehensive risk management can help banks mitigate risks earlier, increase coordination between business units and risk disciplines and strengthen regulatory compliance.

Last Updated: 06/12/2008

Risk: Keeping Ahead of the Curve—A Conference Summary

Richard C. Cahill, Caroline Riley, Steven VanBever

The Chicago Fed’s Supervision and Regulation Department, in conjunction with DePaul University’s Center for Financial Services, sponsored a conference on March 6–7, 2008. The conference brought together bankers, supervisors and academics to focus on comprehensive risk management, an extremely timely topic given the recent financial turmoil.