At what point do the doers in banks turn around and stare long and hard enough at the rest of their esteemed institution and realise three things: one, there are an awful lot of people in compliance; two, there are an awful lot of people working in the sometimes confusing and sometimes political world of regulation; and, three, how many people are there who say they are in IT? Structured products, like any other arm of banking and business the world over, is all about the creation of something

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