Operational threat administration is attracting the eye of teachers and professionals worldwide. Academics have an interest on this matter as a result of it offers alternatives for the applying of refined statistical strategies, in addition to profitable alternatives for consultancy work and difficult questions on the best way to measure operational threat. For the practitioners, buying data of operational threat is greater than mere luxurious as banks all all over the world should be Basel 2 compliant throughout the subsequent two years. Moreover, operational losses have, for the reason that infamous collapse of Barings Bank, been haunting banks’ prime administration, prompting a attempt to plot measures that may scale back operational losses and the chance of enterprise collapse. Indeed, monetary establishments have skilled greater than 100 operational loss occasions exceeding $100 million over the previous decade. This new e book is accessible to the typical banker, whereas offering a normal survey of the work on operational threat that teachers will discover invaluable.
‘This new book is accessible to the average banker, while providing a general survey of the work on operational risk that academics will find invaluable. It is a well researched piece of work with plenty of examples, tables and figures to demonstrate key points which are raised.’ – International Accountant
About the Author
IMAD A. MOOSA is Professor of Finance at Monash University, Australia. Before changing into an educational in 1991, he was an funding banker for over ten years. He has printed extensively within the fields of Finance and Macroeconomics.