The brokerage accounted for a sixth of group revenue in the first nine months of 2008 and is a relatively stable source of income in an environment of unprecedented volatility.A joint venture would mean that Citi could retain some of that precious revenue.
Its old demons have resurfaced in an environment of unprecedented volatility and polarization.
In our current environment of extreme volatility, such knowledge is not only desirable but is increasingly valuable to market participants seeking to increase returns, save costs, and stabilize market performance.
But it is an additional risk in that one needs to be prepared for navigating through an environment with a higher degree of volatility.
"We are also fully aware of the tough consumer and economic environment in which we are competing and operating, and the degree of volatility that this environment can create".
A natural modeling framework for explaining the ensuing saccadic reactions is a hierarchical Bayesian learning model where the subject's belief about the environment's volatility affects the updating of beliefs about the most likely saccade target location.
A. If you look at the current business environment, there's no doubt there's a huge amount of volatility and unpredictability.
In an environment of widening credit spreads and increased volatility, collateral calls are to be expected".
Such delays, in an environment of such intense speculation and market volatility, "can create this terribly attractive nuisance for insiders, who may trade on this information," Mr. Magnuson said.
The fact is, this kind of volatility isn't going away, because we now live in an environment dominated by what economists call "political risk" — the uncertainty that businesses face as a result of government actions.
