"The seminal guide to risk management, streamlined and updated Risk Management in Banking is a comprehensive reference for the risk management industry, covering all aspects of the field. Now in its fourth edition, this useful guide has been updated with the latest information on ALM, Basel 3,...

[eng] Diversification is usually explained by advantages associated with combinations of activities, such as synergy or risk reduction, without reference to specific caracteristics of base and secondary industries. One can think of diversification as a way of taking advantage of the variability...