A forward view


A surprising anecdote was recounted by John Dugan, US Comptroller of the Currency, at a speech before the International Bankers' Association in Washington, DC, in March. The gist of the tale was that, at a recent credit risk modelling workshop hosted by the Office of the Comptroller of the Currency (OCC), which covered topics such as Basel II, staff were surprised to discover that a number of the participants were not from banks, or even financial services firms. The unexpected guests were i

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