Abstract
The distress experienced by one bank after another during the financial crisis revealed weak risk management practices. However, some banks appeared to have instituted sound risk management and were able to weather the storm without a bailout or a significant restructure. JPMorgan Chase was a bank that was viewed as a role model for best practice risk management, and its CEO, Jamie Dimon, was highly regarded.
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© 2016 Hersh Shefrin
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Shefrin, H. (2016). JPMorgan’s Whale of a Risk Management Failure. In: Behavioral Risk Management. Palgrave Macmillan, New York. https://doi.org/10.1057/9781137445629_17
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DOI: https://doi.org/10.1057/9781137445629_17
Publisher Name: Palgrave Macmillan, New York
Print ISBN: 978-1-349-55420-1
Online ISBN: 978-1-137-44562-9
eBook Packages: Economics and FinanceEconomics and Finance (R0)