About to be arrested for embezzling money from the bank

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Reference no: EM13982662

A late-night news report says the president of a local bank is about to be arrested for embezzling money from the bank at which he works. This causes worried depositors to line up in front of the bank the next morning wanting to withdraw all of their deposits. This is an example of:

A. Liquidity risk

B. Operational risk

C. Interest rate risk

D. Credit risk

Reference no: EM13982662

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