All financial services providers are in the business of buying, selling, slicing, and repackaging risk—by financial means. So ...

Of the main areas of risk management, operational risk has the shortest history, with the industry beginning to give it serious consideration only 25 years ago. In that time, the industry has made ...

Recent periods of financial stress and the proliferation of risks across the financial system are fueling the development of ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Welcome to the second issue of Volume 17 of The Journal of Operational Risk. We promise you another very interesting issue, offering several valuable and novel discussions. For the first time we have ...