Exact(3)
It now manages some $125 billion for the very wealthy — including Michael Milken — and has proved itself to be a skilled risk manager.
The losses have been a rare black eye for Jamie Dimon, JPMorgan's chief executive, once considered among the most skilled risk managers on Wall Street.
The analyst, Peter Nerby, who is involved in the Moody's review of bank ratings, said the fact that an institution with a "deserved reputation" as a skilled risk manager could lose $2 billion because of weak internal controls showed that the big banks were carrying risks that were not fully apparent in their current ratings.
Similar(57)
Following the biotechnology industry model, breakthrough nanotechnologies may best be developed by small groups of highly skilled, risk-taking individuals.
This principle does not suggest that highly skilled, high-risk tasks should be available to all practitioners.
Keeping it profitable requires skilled balancing of risk and reward, experts say, and in a volatile economy, risk can be difficult to gauge.
Allen went on, "No matter what occurs in the markets, well-managed 'expensive' hedge funds operating proprietary strategies with skilled traders, robust risk management, and technology will perform, even under pessimistic economic scenarios...
Allen went on, "No matter what occurs in the markets, well-managed 'expensive' hedge funds operating proprietary strategies with skilled traders, robust risk management, and technology will perform, even under pessimistic economic scenarios..
The rival GMB's acting regional secretary, Gary Smith, showed some leadership by telling delegates to stop self-indulgently putting skilled jobs at risk by backing "Alice in Wonderland politics" in favour of a "defence diversification" policy that won't secure jobs.
A good flow of traffic probably means that all is well, particularly if there are a lot of buses, since Syrian bus drivers go everywhere and are skilled in assessing risks.
Yet it still looks like a case of big banks pulling the regulators by the nose.Basel 2 favours large banks that have good internal communications and are skilled at intermediating risks and unloading them on to others.
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