Banque cantonale de Genève

2. Market Risk: The bank is exposed to market risk through its investments in securities and other financial instruments. Fluctuations in interest rates, exchange rates, and market prices can negatively impact the bank's profitability and financial stability.

3. Liquidity Risk: BCGE is also exposed to liquidity risk, which refers to its ability to meet its financial obligations as they come due. This risk may arise if the bank's assets cannot be easily converted into cash to meet its liabilities.

4. Operational Risk: The bank is vulnerable to operational risks such as human error, technology failures, and fraud. These risks can result in financial losses or damage to the bank's reputation.

5. Legal and Regulatory Risk: BCGE is subject to various laws and regulations that govern the banking industry. Failure to comply with these regulations, or changes in regulations, could lead to fines, penalties, or other legal consequences.

6. Reputational Risk: Any negative event or scandal involving the bank can damage its reputation and erode customer trust. This could result in a loss of business and potential financial losses.

7. Cybersecurity Risk: As a financial institution, BCGE is a frequent target for cyber attacks. A successful cyber attack could compromise sensitive customer information and damage the bank's reputation, as well as lead to financial losses.

8. Country Risk: BCGE operates primarily in Switzerland and is exposed to the economic and political stability of the country. Any adverse changes in the Swiss economy or political landscape could impact the bank's business and financial performance.

9. Concentration Risk: The bank's loan portfolio may be concentrated in a particular sector or geographic area, which exposes it to sector-specific or regional economic risks.

10. Interest Rate Risk: Changes in interest rates can impact the bank's profitability and asset values, especially if the bank's assets and liabilities have different maturities or repricing terms.