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The limits to size

机译:大小限制

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摘要

To say that bankers are getting better at banking is to say that they are getting better at information technology, and higher mathematics, and retailing, and marketing, as well as at hiring and managing people who are specialists in those things. Risk management, the rock on which any contemporary bank rests, scarcely existed as a profession outside the insurance industry until the 1970s. The ruthless scrutiny of capital markets and regulators has been good for banking but hard on bankers. It means that the modern banker, even (and especially) the biggest boss of the biggest bank, must be a details man. The bank is a vast machine, and he is its chief engineer.
机译:要说银行家在银行业方面越来越强,就是说他们在信息技术,高等数学,零售,市场营销以及雇用和管理那些领域的专家方面都在进步。直到1970年代,风险管理一直是保险业之外的职业,几乎没有当代银行赖以生存的基石。资本市场和监管机构的无情审查对银行业有利,但对银行家却不利。这意味着现代银行家,即使是(尤其是)最大银行的最大老板,也必须是一个细节专家。银行是一台庞大的机器,他是银行的总工程师。

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