The authors present a comprehensive and timely discussion of economic capital and financial risk management for financial services firms and conglomerates. Topics covered include: the different types of risks that firms collect; risk governance issues; how stress testing can be used to measure...

Cover -- Title Page -- Copyright -- Contents -- List of Figures -- List of Tables -- Foreword -- Preface -- Part One Lessons Learned in 10 Years of Practice -- Chapter 1 Creation of the Method -- 1.1 From Artificial Intelligence to Risk Modelling -- 1.2 Model Losses or Risks? -- Chapter 2...

Written for professionals in financial services with responsibility for IT and risk management, Dimitris Chorafas surveys the methodology required and IT systems and structures to support it according to Basel II. The book is consistent with the risk management certification process of GARP, as...

In the most recent decade, the European Union has shown itself to be less robust than globalists imagined. Globalists believed that supranationality was weatherproof – that it would always outperform national alternatives and would survive adversity. Economic stagnation and Brexit belied these...