THE latest annual report of UBS, Switzerland’s biggest and most error-prone bank, states that “disciplined risk management and control are essential to our success.”

瑞士最大、也是最容易出错的银行——瑞士联合银行，在最新的年报中写道：“严格的风险管理和控制对我们的成功至关重要”。

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The bank's annual report for 2006 devotes 26 reassuring pages to its risk-management practices; more than 2, 000 staff worked in the function that year, and lots more bodies were added in 2007.

在该银行2006的年报中，26 页的篇幅专门信誓旦旦地讲述它的风险管理的事迹，那一年已有超过2000名雇员从事这方面的工作，在2007年又增加了很多人。

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When Goldman Sachs went public two decades later, it devoted several pages of its initial annual report to the many layers of risk management put in place.

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