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The text offers a unique analysis of the risks faced by investors and savers interacting through financial institutions and financial markets, as well as strategies that can be adopted for controlling and managing risks. Key Features Strong markets focus within a modern risk management framework. Detailed coverage of ethics in finance Looks at how new risks have evolved, how the more traditional risks have changed as a result, and how all of these risks can be measured and managed. Pedagogically rich to help students retain and apply chapter concept. Chapter Navigators. Well developed end of chapter problems, at least twenty per chapter, are written for varied levels of difficulty. Table of contantents