Would you expect JPM Chase or Merrill Lynch to rely more on VAR? (JPM Chase takes large

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Would you expect JPM Chase or Merrill Lynch to rely more on VAR? (JPM Chase takes large proprietary trading positions; Merrill largely hedges its risks.)

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Value at Risk The New Benchmark for Managing Financial Risk

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Authors: Philippe Jorion

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Question Posted: May 03, 2016 02:22 AM

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Would you expect JPM Chase or Merrill Lynch to rely more on VAR? (JPM Chase takes large

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JPM Chase is likely to rely more on VAR due to the need to measure and co...View the full answer

Value at Risk The New Benchmark for Managing Financial Risk

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