Of all the global sporting contests, few parallel investment banking as well as the America’s Cup regatta. The latest round of the world’s oldest sporting competition kicks off in San Francisco this month and provides a timely, unique comparison to the evolution of risk management in the global financial services industry.
In 1851, an American schooner raced with the Royal Yacht Squadron around the Isle of Wight off the southern coast of Great Britain, winning a surprising victory and setting in
