Inherent risk is common in the financial services sector due to complex regulations and the use of difficult-to-assess financial instruments. Investopedia / Jake Shi The simple definition of risk ...
One large operational risk event can be lethal to a financial firm. Operational risk is thus a key concern for the industry as well as for the regulators that supervise financial institutions. On the ...
A few examples of credit risk were highlighted during the Financial Crisis: The ratings agencies then issue a letter-grade rating. AAA is the highest: It means the issuer is extremely capable of ...