For Inspiration In Courses After 12th, Top 3 Financial Bigwigs In A Snippet - GAFA


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For Inspiration In Courses After 12th, Top 3 Financial Bigwigs In A Snippet

22 August 2018

At GAFA, students are provided with the best financial courses after 12th which in turn will help them get good jobs in the world of finance and business. In both our Associate Program and Professional Program in Global Applied Financial Analyst, we offer a wide of subjects which aims at 360-degree nourishment of the student for courses after 12th. Along with our NSE Academy, which aims at cultivating a culture of knowledge to help professionals to take informed decisions relating to the securities market, we are a complete option for courses after 12th commerce. For inspiration, we have compiled a list of three global financial bigwigs and their journey to the top. 1. Laurence D. Fink Founder and CEO of BlackRock — the world’s largest asset-management firm, Fink hit a roadblock first up when he was forced out at investment bank First Boston after losing $100 million on a poor interest-rate bet. The 65-year old American financial executive then started BlackRock in 1988 and in no time it grew into one of the largest money managers in the country. Revered as a master of risk analysis, Fink’s BlackRock boasts of state-of-the-art risk-management system (dubbed “Aladdin”) for sorting out toxic assets during the financial crisis, both to top banks and the US government. BlackRock is the largest money-management firm in the world with more than $6 trillion in assets under management. For Fink, it all started in 1976 at First Boston, a large New York-based investment bank. Fink was instrumental in the creation and development of the mortgage-backed security market in the United States. 2. Jamie Dimon Helming JPMorgan Chase, the largest commercial bank in the US, for more than a decade now, Dimon is considered one of the most respected voices in the world of finance. A billionaire riding on sheer tenacity and hard work, the 62-year old CEO attained Wall Street rock-star status after the financial crisis. It was under the able tutelage of Dimon that the bank weathered the collapse like no other and made a profit amid the downturn. Dimon’s reputation took a hit as well in 2012 with the more than $6 billion loss incurred by the London Whale trading scandal. But navigating through ups and downs, the former board of director of the Federal Reserve Bank of New York has ensured JPMorgan withstands the rigours and still remains as profitable as always. On a personal front, Dimon battled a bout with throat cancer, but insisted he won’t be calling it a day soon. 3. Jiang Jianqing As Chairman and executive director, Industrial and Commercial Bank of China, Jiang the world’s largest commercial bank with $3.5 trillion in assets. An inspirational story of how he toiled on farms and in coal mines during the Chinese Cultural Revolution, this 65-year old started as a teller at ICBC in 1984. The bank was almost insolvent when Jiang took over the reins in 2000. Today it generates annual profit more than twice as much as JPMorgan Chase, the largest US commercial lender. Jiang has also been an alternate member of the Communist Party’s Central Committee — the country’s top political governing body — since 2002.

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