The IACPM’s Executive Director, Som-lok Leung, wrote an article for The Banker: How to Run a Bank 2013 on the changing role of CPM in the post-crisis world.
In the article, Leung discusses the shift in focus from hedging to origination when creating a balanced portfolio, which was triggered by the changing regulation after the credit crisis.
Leung also discusses the intertwining relationship between credit, market, and other risks. He states that putting these risks into separate “silos” can leave banks vulnerable.
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