We’re gonna need a bigger board: geopolitical risk takes centre stage
As threats multiply, responsibility for geopolitical risk is shifting to ERM teams
Whenever geopolitical risk rears its head in the financial markets, the usual response is for banks to hire a former diplomat, general or even the odd prime minister to advise them on what to do about it.
So, it was to almost no-one’s surprise when JP Morgan tapped retired general Mark Milley – a former chairman of the joint chiefs of staff, the highest military position in the US – as a senior
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