Risk. Remember that?
It is all too easy to forget, what with stocks and bonds and housing for the most part a one-way trade higher for a couple of years, and plenty of easy money sluicing through the pipes of finance courtesy of central bankers.
Reminding financial institution directors of risk is Michel Maila’s job. He is building a think tank in Toronto designed to teach directors of financial institutions the right questions to ask to ensure that risk remains front and centre.