Regulators may have let banks off the hook when it comes to uniform risk management disclosures, but investors probably won't, panelists at a New York conference said.

"We're going to see a convergence of standards," Daniel T. Mudge, managing director at Bankers Trust New York Corp., said Tuesday at the risk management conference sponsored by the Bank Administration Institute. "There's now a plethora of (reporting) choices available and eventually standards will be set."

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