scholarly journals Bayesian Forecasting for Financial Risk Management, Pre and Post the Global Financial Crisis

2011 ◽  
Author(s):  
Cathy W. S. Chen ◽  
Richard H. Gerlach ◽  
Edward M.H. Lin ◽  
Wayne C.W. Lee
Keyword(s):  
Risk Management ◽  
Financial Crisis ◽  
Financial Risk ◽  
Global Financial Crisis ◽  
Bayesian Forecasting ◽  
Financial Risk Management ◽  
The Global Financial Crisis

scholarly journals Bayesian Forecasting for Financial Risk Management, Pre and Post the Global Financial Crisis

2011 ◽  
Vol 31 (8) ◽  
pp. 661-687 ◽  
Author(s):  
Cathy W.S. Chen ◽  
Richard Gerlach ◽  
Edward M. H. Lin ◽  
W. C. W. Lee
Keyword(s):  
Risk Management ◽  
Financial Crisis ◽  
Financial Risk ◽  
Global Financial Crisis ◽  
Bayesian Forecasting ◽  
Financial Risk Management ◽  
The Global Financial Crisis

The Global Financial Crisis 2007/2008 and Financial Risk Management

2018 ◽  
pp. 192-199
Keyword(s):  
Risk Management ◽  
Financial Crisis ◽  
Six Sigma ◽  
Financial Risk ◽  
Global Financial Crisis ◽  
Financial Risk Management ◽  
The Real ◽  
The Global Financial Crisis

This chapter covers the global financial crisis of 2007/2008 and outlines the real issues involved at that time specifically considering Financial Risk Management. The chapter highlights what has (or has not) been done to ensure such an event does not occur again. In particular, it elaborates how the Six Sigma DMAIC approach might have averted such a disaster.

Innovative Methods in Financial Risk Management

2019 ◽  
pp. 141-163
Author(s):  
Ozge Doguc
Keyword(s):  
Risk Management ◽  
Financial Institutions ◽  
Financial Risk ◽  
Global Financial Crisis ◽  
Financial Risk Management ◽  
Innovative Methods ◽  
Innovative Solutions ◽  
Assessment And Monitoring ◽  
New Methodologies ◽  
The Global Financial Crisis

The regulations that emerged from the global financial crisis of 2008 and fines that were imposed afterwards triggered a wave of changes in how risk is managed. Innovative methods for risk management became more important as the standards for compliance and management tightened. Institutions also invested in strengthening their risk cultures and involved their boards more closely in key risk decisions. This chapter discusses major risk factors for financial institutions and the innovative solutions that they introduced to manage risk better. Innovative solutions in risk management are not limited to advances in technology such as machine learning and data mining, but also include new regulations, better monitoring, and stricter auditing. Financial institutions improved boards' oversight of risk, created new committees for risk assessment and monitoring. and developed new methodologies for risk management.

scholarly journals Risk management of Islamic banks: A search for empirical evidences

2017 ◽  
Vol 14 (2) ◽  
pp. 8-16
Author(s):  
Sayed M. Fadel ◽  
Jasim Al-Ajmi
Keyword(s):  
Risk Management ◽  
Financial Crisis ◽  
Management Practices ◽  
Global Financial Crisis ◽  
Risk Mitigation ◽  
Balance Sheet ◽  
Islamic Banks ◽  
Risk Levels ◽  
Management Techniques ◽  
The Global Financial Crisis

The objectives of this study are to determine 1) the effect of global economic and financial crisis on risk management, 2) the severity of different types of risk facing Islamic banks, 3) the risk levels of Islamic financial modes, 4) risk assessment techniques, and 5) risk management techniques. The structure of the balance sheet, the nature of Islamic finance instruments and funding sources have a great impact on the level of risk exposure of banks and the instruments. Credit risk is found to be the most serious risk, followed by liquidity risk, market risk and operational risk, in descending order of importance. As for the riskiness of Islamic financing modes, mudarabah is perceived to be the riskiest, followed by musharakah, while murabahah ranked as the least risky mode. Moreover, Islamic banks are found to use traditional risk management techniques more than sophisticated measurements. They also adopt risk mitigation techniques that are used by conventional banks in preference to techniques that are considered to be unique to Islamic banks. This paper is the first to study the risk management practices of Islamic banks operating in Bahrain. It also provides evidence about these practices after the global financial crisis that affected all countries, including Bahrain.

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