Managing Risk
For this assignment, you will write a minimum three-page paper (not including APA title or references pages). In this paper, please address the following:
- Discuss why credit risk management within the financial sector is so significant.
- Why do you think so many banks failed to properly manage risk prior to the financial collapse?
- What are the consequences of failures of credit risk management and who do they affect?
- What measures can banks employ to mitigate credit risks