Posted by & filed under Environment, Management, Strategy, Video Report.

Description: Scotiabank CEO Rick Waugh says banks need to take a certain amount of risk to stimulate growth. He asserts that Canadian banks have managed risk well.

Source: Business News Network

Date: September 18 2012

Video and Text Link: http://www.bnn.ca/News/2012/9/18/Risk-necessary-in-era-of-slow-growth-Scotia-CEO.aspx

Questions for Discussion:

  1. Do you agree with Rick Waugh that banks should take risk to stimulate growth?
  2. Is it advisable to take greater risk when the economy is highly volatile and uncertain?
  3. Should the government overlook the kind of risk that major banks undertake to avoid another crisis?

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