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Universität Hildesheim (Stiftung) (Institut für Musik)
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Modelling Operational Risk Using Bayesian Inference Jr Universität Hildesheim (Stiftung) (Institut fürThe management of operational risk in the banking industry has undergone explosive changes over the last decade due to substantial changes in the operational environment. Globalization, deregulation, the use of complex financial products, and changes in information technology have resulted in exposure to new risks which are very different from market and credit risks. In response, the Basel Committee on Banking Supervision has developed a new
