Real solutions and innovative research on operational risk from top thinkers in the field.
More than 100 operational losses exceeding $100 million in value have impacted firms globally over the past decade. Such large-scale losses have resulted in bankruptcies, mergers, or equity price declines for a large number of prominent financial institutions throughout the world.
'Operational Risk' gives readers a deep understanding of all aspects of operational risk and assessment of capital charge. It suggests innovative approaches and new methodologies for modelling operation risk and offers a number of relevant examples from financial institutions.
