doi: 10.18178/joebm.2024.12.2.796
Study on Risk Management of Commercial Banks’ Financial Product Innovation-Taking “Crude Oil Treasure” as an Example
Ling Zhou *
,
Suting Zhai
- School of Finance, Nanjing Audit University, Nanjing, China
- Manuscript received March 8, 2024
- revised March 30, 2024
- accepted April 22, 2024
- published May 17, 2024
Abstract
With the continuous development and changes in the financial market, commercial bank financial product innovation has become an important part of the financial industry. However, financial product innovation is also accompanied by certain risks, especially when it involves complex financial instruments and products with high market volatility. Taking “Crude Oil Treasure” as an example, this paper discusses the risk management problems in the operation process of financial products through four aspects, namely, market risk, compliance risk, operation risk and reputation risk, with a view to providing financial institutions with effective risk management strategies and methods and guaranteeing the sound development of financial product innovation.
Keywords
- financial product innovation
- risk management
- crude oil treasure
How to Cite
Ling Zhou and Suting Zhai, "Study on Risk Management of Commercial Banks’ Financial Product Innovation-Taking “Crude Oil Treasure” as an Example," Journal of Economics, Business and Management, vol. 12, no. 2, pp. 197-201, 2024. https://doi.org/10.18178/joebm.2024.12.2.796
Copyright & License
Copyright © 2024 by the authors. This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).