Prior to the Most Recent Financial Crisis, the Risks Faced

Multiple Choice

Prior to the most recent financial crisis, the risks faced by FIs have traditionally been measured and managed by

A) outside agencies such as Moody's or Standard and Poor's.
B) functional risk area such as liquidity risks, price risk, or credit risk.
C) designated regulatory agencies for the industries in which the FI operates.
D) using enterprise risk management techniques.
E) None of the options.FIs did not monitor nor manage the risks that they face.