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Scores of banks have failed this year, and they all have at least one of four primary reasons in common. They have an imbalance of risk versus return, they fail to diversify, they offer products and services that management doesn't fully understand, and they poorly manage risks. How can banks avoid these pitfalls?
Rajeev R. Bhaskar, Gary S. Corner
Data suggest that the city's banks fare at par with their peers.
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