Economics, Econometrics and Finance
5 years ago

Global financial crisis rooted in banks' failure to manage risk properly.

Oxford University Press eBooks
Private Information and Risk Management in Banking
Linda Allen, Anthony Saunders

Paper Summary

Financial institutions face challenges in managing risks, like interest rate and credit risks. They use tools like the Value at Risk model to predict potential losses. The global financial crisis of 2007-8 was caused by a failure to properly measure and manage risks.

Related papers

Business, Management and Accounting
4 years ago

Credit scorecard most effective risk management strategy for Nigerian SMEs.

Risk Management
Innovation Security
Insurance Dynamics
Economics, Econometrics and Finance
5 years ago

Jordanian Insurance Companies Face Cyber Attacks Due to Risk Management Gaps

Insurance Dynamics
Risk Management
Innovation Security
1 view
Business, Management and Accounting
8 years ago

Risk managers revolutionize corporate risk financing strategies with innovative techniques.

Management Education
Value-based Management
Earnings Management
1 view