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Banks need to have a "robust risk-management culture, " with people and processes in place to protect it, he said.
WSJ: Comptroller Got Rude Introduction to Job
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It is odd though telling that a culture of sound risk management a culture of squires, not squids that has led, in some circuitous way, to this popular perception of Goldman Sachs.
FORBES: Don't Blame Goldman Sachs For Hedging Its Bets And Staying In Business
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Many had been caught out after the collapse of the housing market on both sides of the Atlantic, which exposed a culture of high-risk lending without proper risk management in place.
CNN: STORY HIGHLIGHTS
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Dr. Nagata proposed to start discussions on the Post MDG Strategies and she highlighted the topics: Inclusive Disaster Risk Management, Environmental Accessibility, disparity within Communities of persons with Disabilities, Culture of Peace and Impact of Climate Change, and above all economic empowerment of PWDs.
UNESCO: EDUCATION
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Then additional 200 messages were created on topics such as disaster risk management, the economy, the right to free compulsory education, cultural diversity, the culture of Pakistan, the culture of peace, human rights, rights of persons with disabilities, freedom of expression, and the voting process.
UNESCO: Mobile-Based Post Literacy Programme