De-risking: keeping on

Jessica Thomas (+44 (0)20 3818 3500, Jessica.thomas@signaturelitigation.com) is an associate at Signature Litigation (www.signaturelitigation.com).

In the wake of the global financial crisis, risk avoidance appears to have replaced risk management, writes, Jessica Thomas of Signature Litigation, with some banks embarked on wholesale culling of customers deemed to be “outside of risk appetite”.