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Profit included $845 million in realized investment gains.
That responsibility also falls to Wagner, who, with the wind blowing in, realized he could take a few more chances.
It generated $6.8 billion in realized proceeds for the quarter and $18.7 billion for the year, compared with $17.6 billion in 2011.
The firm pointed to $3 billion in realized gains during the quarter, as well as nearly $4 billion in new capital.
Net profits sank on nearly $1 billion in realized losses and related adjustments, tied largely to the falling value of derivatives used in the company's hedging programs.
"In May they said they will see $1.5 billion to $2 billion in realized losses — a 30 percent write-down on an average for these riskier securities.
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However, the paths these countries took in realizing their nuclear ambitions vary immensely.
Moreover, TANOR enables joint exploration of algorithmic and architectural variations in realizing efficient hardware accelerators.
But he faces enormous hurdles in realizing his goals.
Are you interested in realizing the benefits of DFBS participation?
There were many challenges in realizing the initial vague concept.
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