Money, banking, financial marketsBanks pay substantial amounts to monitors the risk that the take. Once of the primary concerns of a bank’s “risk manager” is to compute the value at risk. …

Money, banking, financial markets
Banks pay substantial amounts to monitors the risk that the take. Once of the primary concerns of a bank’s “risk manager” is to compute the value at risk. Why is the value at risk so important for a bank (or any financial institution)?

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