ABSTRACT
Sound risk management often involves a combination of both mathematical and practical aspects. Taking this into account, Understanding Risk: The Theory and Practice of Financial Risk Management explains how to understand financial risk and how the severity and frequency of losses can be controlled. It combines a quantitative approach with a
TABLE OF CONTENTS
part |2 pages
Part One: Risk Management and the Behaviour of Products
part |2 pages
Part Two: Economic and Regluatory Capital Models
part |2 pages
Part Three: Treasury and Liquidity Risks
part |2 pages
Part Four: Some Trading Businesses and Their Challenges