Tag Archive: derisking

Richard Jones and Duarte Pedreira of Crown Agents Bank discuss emerging-market risks in The Banker

Faced with the regulatory compliance costs of high-risk jurisdictions, many banks have taken the derisking route – cutting down correspondent networks and retreating from certain markets. In the latest edition of The Banker, Richard Jones, CEO of Crown Agents Bank and Duarte Pedreira, the bank’s head of trade finance, offer their insights into the causes …

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