Acin engineers an organised approach to reducing operational risk
Back in 2017 JP Morgan Chase CEO, Jamie Dimon, caused quite a stir when he lamented the enormous amount of excess capital banks had to maintain to cover operational risk - funds that are not “being utilised to support our economy,” as he wrote an his annual letter to investors.
Reading Dimon’s letter, Paul Ford felt sure he could help. A former Royal Military Academy Sandhurst graduate and Royal Engineer Ford had spent the last...