KSS event: What is funding liquidity risk and how can a bank manage it?

Funding liquidity risk was the biggest risk that banks faced during the financial crisis in 2007/2008 and led to some UK banks needing to be nationalised.  In his talk, Iain will look at why a retail bank must face funding liquidity risks.  He will explain how liquidity risk can be managed by incorporating the risk into a bank's internal pricing system, or fund transfer pricing as it is known.