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(Solved by Expert Tutors) a bank once said? if we can't model a risk?then we don't take it on?
please comment on it.you need to first generalize the topic. Basically, you will need to discuss whether all risks can be modelled. If a risk cannot be modelled, how should it be managed. (some examples if you can) Then, you focus on the banking industry. what types of risks faced by the industry can be modelled and what types of risks cannot. Give some examples if you can. If a bank chooses not take those risks that cannot be modelled, what could be the consequences. Finally, give you opinion and conclude.provide references as well
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DATE ANSWEREDApr 19, 2020
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