A debate is motivated by this case on the function of staff functions, including risk management: what does it mean for them to be independent, and at the exact same time, to partner the business lines? The case describes the risk assessment process in the corporate banking arm of Wellfleet Bank (cca. 2006-2009) around an illustrative business proposal in the corporate financing business, and exemplifies the decision challenges confronted by the case protagonist (two senior risk officers of the Group Credit Committee)-who struggle with the tension common between the sale association and the risk control function in big financial institutions. The discussion of the proposal especially evokes the ethnic tension between the business line and the hazard function: should the hazard function play the role of cop or business partner?
Risk Management at Wellfleet Bank All That Glitters Is Not Gold, Spanish Version case study solution
PUBLICATION DATE: July 13, 2009 PRODUCT #: 112S01-HCB-SPA
This is just an excerpt. This case is about FINANCE & ACCOUNTING
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