Managing Operational Risk: Risk reduction strategies for investment and commercial banks

Chorafas, Dimitris N.

ISBN 10: 1855648911 / ISBN 13: 9781855648913

Editore: Euromoney Books, 2001

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*Price HAS BEEN REDUCED by 10% until Monday, Aug. 25 (weekend SALE item)* 262 pp., paperback, crease to the bottom corner of the front cover, else near fine. - If you are reading this, this item is actually (physically) in our stock and ready for shipment once ordered. We are not bookjackers. Buyer is responsible for any additional duties, taxes, or fees required by recipient's country. Photos available upon request.

Codice articolo ZB1315702

Dati bibliografici

• Titolo: Managing Operational Risk: Risk reduction strategies for investment and commercial banks
• Editore: Euromoney Books
• Data di pubblicazione: 2001
• Lingua: Inglese
• ISBN 10: 1855648911
• ISBN 13: 9781855648913
• Rilegatura: Brossura
• Condizione: Fine

Descrizione articolo

Riassunto

Operational risk should take an equal place alongside credit and market risk in the risk management strategy of all financial institutions. This volume is an invaluable guide to operational risks and their mitigation. Divided into four sections it begins by identifying twelve factors that characterise operational risk. The first section examines operational risk in the contexts of merchant, corporate, investment and private banking and the insurance industry. The second demonstrates how operational risk can be managed and controlled and examines cases of operational failure, including Credit Lyonnais and NatWest Markets. The third identifies legal risk including cross-border conflicts of law, compliance and taxation issues and environmental factors. The final section assesses the risk in payments and settlements including dematerialisation, the role of IT solutions, handling intraday exposure and delivery vs payment issues. Every financial institution should understand and protect against these risks and this unique and timely guide will ensure you establish an effective strategy for managing operational risk.