《[资本市场和金融机构].9》.pptVIP

Ch. 7 Risks faced by FIs (Saunders et al, 2006) Outline This chapter discusses the risks associated with financial institutions 7.1 Uncertainty vs. Risk 7.2 Interest rate risk 7.3 Market risk 7.4 Credit Risk 7.5 Off-balance sheet risk 7.6 Operating risk 7.7 Foreign exchange risk 7.8 Liquidity risk 7.9 Other risks The main objective of FIs is the proper management of these risks 7.1 Uncertainty vs. Risk Uncertainty. A situation where an action has more than one possible result and the probability of each result is unkwnown. Risk. A situation where an action has more than one possible