Part 7: The Management of Financial Institutions

With increased uncertainty in the economic environment and greater volatility of interest rates and asset prices, risk management has become an increasingly important, and increasingly complex, function of financial institution managers. The reading for Part 7 describes tools available for managing risk.

1. Chapter 25:
   "Risky Business." Vanessa Sumo, Region Focus, Federal Reserve Bank of Richmond, Summer 2007, 16-19.