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The whole business of a Bank is to manage interests and money. If a bank didn't consider interest rate and duration risks, it is such a gross mismanagement that
by blackoil 4y ago
The whole business of a Bank is to manage interests and money. If a bank didn't consider interest rate and duration risks, it is such a gross mismanagement that it looks identical to theft. That is like a chef saying yeah we had best knife and utensils, we just didn't clean them and some mould was growing on them. On top of that is the suspicious sales of stock by CxOs.