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Model Risk

Does your bank rely too much on financial modeling in risk management? If so, you may be vulnerable to "model risk." And no, that's not the risk of being hounded by paparazzi. For more, read the FDIC's article. Tip of the hat to Goodwin Proctor LLP's "Financial Services Alert" newsletter.

Does your bank rely too much on financial modeling in risk management? If so, you may be vulnerable to "model risk." And no, that's not the risk of being hounded by paparazzi.

For more, read the FDIC's article.

Tip of the hat to Goodwin Proctor LLP's "Financial Services Alert" newsletter.

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