150 Risks in Finance: An Alphabetical List of Definitions and Examples, Accompanied by 75 Exercises for University Instructors to Assign to their Students

Abstract

Can you give an example of wrong-way risk? Are you confident of the distinctions between operating risk, operational risk, and operations risk? Can you define and distinguish between systematic risk and systemic risk? Do you know the relationship between de-risking risk and correspondent banking risk? Can you tell a black swan event from a grey swan event? If you answered no to any of these questions then you need to read this paper. We list and define more than 150 risks in finance, accompanied by many examples and cross references. We give more than 10 test scenarios (with solutions) to confirm reader intuition, and more than 75 risk-based exercises (without solutions) for university instructors to assign to their students. We also cite more than 100 articles. 

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Keywords: financial risks, risk-based exercises, uncertainty G01, G11, G12, G13, G21, G22, G23, G24, G33, G52

JEL Classification: G01, G11, G12, G13, G21, G22, G23, G24, G33, G52