This book is about the formulations, theoretical investigations, and practical applications of new stochastic models for fundamental concepts and operations of

This concise book for practitioners presents the statistical analysis of operational risk, which is considered the most relevant source of bank risk, after mark

While mainstream financial theories and applications assume that asset returns are normally distributed, overwhelming empirical evidence shows otherwise. Yet ma

How to apply operational risk theory to real-life banking data Modelling Operational and Reputational Risks shows practitioners the best models to use in a give