Convincing Features
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Uploaded by Malaysia Assignment Help
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Assignment question
“Due to the multiplicity and complexity of non-financial and financial risks, as well as uncertainties to a bank, it is impractical to calculate a bank’s value-at-risk, and therefore, a bad idea to set up a costly risk management department at a bank.”
Dissect, discuss and critically evaluate this problem statement. Your conclusion should provide a recommendation for the opinions in the statement.
