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Deutsche Bank invests in LSE's risk research

Deutsche Bank is to fund a Chair and teaching programme in risk management based within LSE's newest research centre, the Centre for the Analysis of Risk and Regulation (CARR).

The commitment to fund research comes after CARR's successful launch in December 1999.

An interdisciplinary research centre, CARR is dedicated to investigating the management and regulation of 'manufactured' risks by organisations and governments. It will focus on the interaction between regulatory systems and risk management practice.

CARR has so far received over £10 million of funding from both public and private sector organisations to support research and teaching programmes. A Master's programme in the Management and Regulation of Risk will be established shortly.

Dr Rolf Breuer, Spokesman of the Board of Managing Directors of Deutsche Bank, will give a lecture on Thursday (16 March) at LSE on Banking in the 21st Century - Strategies and Challenges to mark the announcement.

Professor Michael Power, Director of CARR, said: "Deutsche Bank is a global banking leader. We are delighted to welcome Dr Breuer, especially at such a key moment in the bank's development, and look forward to working with him and colleagues to develop significant research into risk."

Ends

Contact:

Florian Lennert, CARR, on T: 020 7955 6577
Judith Higgin, LSE Press Office, on T: 020 7955 7060
Detlev Rahmsdorf, Deutsche Bank, on T: +49 69 910 36424

Notes:

Dr Breuer's lecture takes place on Thursday 16 March at 7pm in the Old Theatre, LSE, Houghton Street. The chair will be LSE Director, Professor Anthony Giddens.

A limited number of seats will be reserved for journalists.

Please contact LSE Press Office on +44 (0)20 7955 7060 to reserve a place.

More details on Deutsche Bank's involvement with CARR can be found at Analysis of risk and regulation|

15 March 2000

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