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Evaluating risk is an important element of running a business. As business owners and entrepreneurs, we want to mitigate as much risk as possible to ensure our business can continue to grow, profit, and impact the world —especially in these uncertain times.

If we look at intentional Diversity, Equity, and Inclusion (DEI) work, we can actually use DEI to directly impact the ability to manage risk. Many people view DEI as a “nice to have” that helps support moral and social consciousness within businesses. But, it is actually a strong and vital way to mitigate risk in the marketplace, especially through the lens of reputational bias, process bias, leveraging assessments and audits, and ongoing strategic DEI learning and development experiences. 

1. Reputational bias 

If you don’t directly address or operate intentionally around DEI issues, reputational factors

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By Giuseppe Fonte and Valentina Za

ROME (Reuters) – Italy’s Treasury wants to find a buyer for Monte dei Paschi di Siena by the end of the year to help the bailed-out bank to clean up its remaining problem loans, two sources familiar with the matter said.

The government rescued Monte dei Paschi in 2017, taking a 68% stake for 5.4 billion euros ($6.4 billion), but must sell its holding next year to meet the terms of the bailout negotiated at the time with European Union competition authorities.

To attract buyers, Monte dei Paschi plans to offload 8.1 billion euros in impaired loans to state-owned bad loan manager AMCO.

The deal would cut the ratio of Monte dei Paschi’s problem loans to 4% of total lending, below the industry average and down from peaks of more than 40% before the bailout and 12% currently.

But the European Central Bank has

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