Integrated risk management means the comprehensive and effective management all significant risks (affecting the bank …'s activities) and their interrelation, including building a corporate culture of risk management and integrating risk management … regulators. In the context of economic crises and sanctions, the role of effective risk management in banks is significantly …

assessment of operational risk put forward by the Basel II Accord. The methodology relies on an integrated procedure for the … all business lines and event types. In a second phase, our models are used to estimate the effects of operational risk … management actions on bank profitability, through a measure of RAROC adapted to operational risk. The results suggest that …

disequilibria are skyrocketing and default risk premiums and tensions within the Euro area are rising, thus jeopardizing the …