Lehman Brothers had a hectic 2005, with net revenue for the year rising 38% to $3.3 billion. But it's not just the traders that were busy. The US dealer's risk management division completed a fundamental revamp of its strategic risk management, while also implementing new processes and systems to comply with the Securities and Exchange Commission's (SEC) new consolidated supervised entity regulatory capital framework.
Its chief risk officer is Madelyn Antoncic, a former Federal Reserve econo
The week on Risk.net, December 2–8, 2017Receive this by email