Question: A. Read the following articles about defining financial risks and the major risks to financial institutions: - Financial Risk: Definition, Types and Examples: https://www.freshbooks.com/glossary/financial/financial-risk -
A. Read the following articles about defining financial risks and the major risks to financial institutions: - Financial Risk: Definition, Types and Examples: https://www.freshbooks.com/glossary/financial/financial-risk - "Top 12 Financial Institutions Risks" https://www.resolver.com/blog/financial-institutions-risks/ - "Executive Perspectives on Top Risks for 2023 and 2032 " https://www.protiviti.com/usen/survey/executive-perspectives-top-risks-2023-and-2032 B. Answer the following two questions: 1) Explain in your own words what risks are. What are the major risks encountered by financial institutions? 2) What do you consider the greatest risk faced by a financial institution today? Explain why. 3) Provide two recent (2018 to 2023) examples of what you consider to be the greatest risk to support your answer above. Make sure to include a citation of your sources. A. Read the following articles about defining financial risks and the major risks to financial institutions: - Financial Risk: Definition, Types and Examples: https://www.freshbooks.com/glossary/financial/financial-risk - "Top 12 Financial Institutions Risks" https://www.resolver.com/blog/financial-institutions-risks/ - "Executive Perspectives on Top Risks for 2023 and 2032 " https://www.protiviti.com/usen/survey/executive-perspectives-top-risks-2023-and-2032 B. Answer the following two questions: 1) Explain in your own words what risks are. What are the major risks encountered by financial institutions? 2) What do you consider the greatest risk faced by a financial institution today? Explain why. 3) Provide two recent (2018 to 2023) examples of what you consider to be the greatest risk to support your answer above. Make sure to include a citation of your sources
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