Risk Management in Financial Institutions

This book offers a comprehensive and accessible introduction to risk management in financial institutions, with a strong focus on contemporary challenges such as market volatility, liquidity pressures, and financial technology. By integrating traditional banking risks with emerging challenges, the book supports both students and professionals seeking accessible insights into banking risk, regulation, and modern financial practice. The book begins by outlining the structure and functioning of financial markets and institutions, before moving into key areas of risk measurement, including interest rate, market, and liquidity risk. It then explores emerging themes such as fintech and operational risk. The later chapters focus on practical risk management tools, including capital adequacy, derivatives, securitisation, and prudential regulation across major economies.