It survived the financial crisis because management had cash in the bank and modest debt.
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Speaking after the summit, Mr Hollande said Europe had been unprepared for the financial crisis but now had a "crisis management authority" which allowed for the "return of confidence and growth".
Unlike the rest of Europe, where governments collapsed under the euro crisis's burden, the French didn't sanction Sarkozy for his management of the financial crisis, which in fact many consider good.
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That program, which is scheduled during the school's January academic term, includes coursework in financial literacy, collaboration and crisis management, among other topics.
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At that point, ineffective crisis management nearly destroyed the financial system and the economy.
Global banks are working on improving their risk management since the 2008 financial crisis by implementing risk controls locally and rolling up the results globally.
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The Lepus report cites a survey by The Economist and SAS. Of 316 financial services executives, more than 70 percent thought that their losses during the financial crisis were due to problems with risk management.
Eight-six of those surveyed said the financial crisis has strongly increased the influence of risk management, while 54 percent said the crisis has led to greater collaboration between traders and risk managers.
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Though the wealth management sector proved to be more robust than the investment banking sector during the financial crisis, there can be a downside to our forecasts for the AUM for UBS Wealth Management.
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To adjust to the post-crisis financial environment, banks must adapt their capital management and capital planning programs not only to comply with regulations, but to improve the efficiency of their use of capital.
That is a larger premium even than during the financial crisis caused by the collapse of Long-Term Capital Management in the autumn of 1998.
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The number one and two spots are held by two banks that snatched up rival wealth management firms in the heat of the financial crisis.
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This reflects the growth of firms' funding needs after the financial crisis, the increase in institutional investors' assets under management, declining interest rates and market reforms.
The people who got screwed are the Mom and Pop investors on the retail side and the Mom and Pop investors into big pensions and mutual funds who always voted with management every year before and since the financial crisis.
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The course offered a general focus on risk management, and includes substantive content on the financial crisis.
This risk-management system apparently proved itself during the crisis in financial markets that followed Russia's default on its sovereign debt last August.
Nevertheless, wealth management firms say that in the wake of the financial crisis wealthy investors are finding it harder to borrow through traditional channels.
Doug Noland of David Tice, a fund-management firm, reckons that their purchases of mortgage-backed securities during the financial crisis in autumn 1998 bailed out many troubled financial firms.
Discover managed to stay ahead of the market trend through prudent risk management and reported a 7% decline in average credit loans outstanding during the post financial crisis period.
This mythical financial security first entered the investment lexicon after the crisis in 1998 over the collapse of Long-Term Capital Management, a hedge fund.
The findings of the inspection team include poor financial management such as "hand-to-mouth" budgets with the authority lurching from one financial crisis to another.
As a result the new rules may weaken the management of rescued banks just as low pay arguably weakened regulation and helped cause the financial crisis.
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The move comes on the heels of European-wide steps last Thursday to address top management pay, which has been a lightning rod for public anger across the world since the financial crisis.
In the face of the current financial crisis, Millstein has been at the forefront, calling for boards to take greater responsibility and improve oversight of risk management.
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