JP Morgan's Loss: Bigger than "Risk Management"
Harvard Business Review
MAY 23, 2012
The recent disclosure of a multi-billion dollar trading loss at JPMorgan Chase reminds us again of the challenge and complexity of risk management, the subject of our June 2012 HBR article, "Managing Risks: A New Framework." Many people, including quite a few U.S. Can we continue to rely on firms to manage such risks by themselves?
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