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As the head of the bank's emerging markets structuring, he wasn't known for generating business with clients, but was an "internal thinker", who was extremely adept at navigating the bank's "political waters".
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Miller eventually became managing director and head of the emerging markets structured- finance group.
Barclays, HSBC, Lloyds and RBS have also all agreed to stop marketing structured collars to retail clients.
Now consider two possible market structures.
You talk about market structure.
Economics Standard 4- Understands basic features of market structures and exchanges.
"The new market structure is broken and must be discarded".
Buyers and sellers, not the market structure, have the freedom.
It is question of anticipating a new market structure".
4. Understands basic features of market structures and exchanges.
California has set up a market structure in which few companies can compete.
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