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Asset liability management for financial institutions
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ISBN: 1849300585 1472920414 9781849300582 9781472920416 9781849300582 9781849300414 9781472924605 1849300410 9781849300414 1472924606 9781472924605 Year: 2012 Publisher: London Bloomsbury Information

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"Effective asset-liability management (ALM) of a financial institution requires making informed strategic and operational decisions. Ever more important in the wake of the corporate bailouts and collapses of the financial crisis, ALM encompasses the formulation, implementation, monitoring, and revision of strategies, often on a daily basis due to the fast-moving nature of the related risks and constraints."--Bloomsbury Publishing Effective asset-liability management (ALM) of a financial institution requires making informed strategic and operational decisions. Ever more important in the wake of the corporate bailouts and collapses of the financial crisis, ALM encompasses the formulation, implementation, monitoring, and revision of strategies, often on a daily basis due to the fast-moving nature of the related risks and constraints. This approachable book features up-to-date practitioner and academic perspectives to provide you with the knowledge you need. Key foundation information is backed up by the latest research and thought leadership to form a comprehensive guide to ALM for today and into the future, with case studies and worked examples. Detailed coverage includes: * Successful risk management frameworks * Coherent stress-testing * Modeling market risk * Derivatives and ALM * Contingency funding to manage liquidity risks * Basel III capital adequacy standard * Investment management for insurers * Property and casualty portfolio management * Funds transfer pricing * Problem loan modeling


Book
Credit risk management
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ISBN: 0750659033 9786611003166 1281003166 0080472400 9780705659031 9780750659031 9780080472409 Year: 2004 Publisher: Oxford : Elsevier,

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Credit Risk Management will enable general bankers, staff, and credit analyst trainees to understand the basic information and principles underlying credit risk evaluation, and to use those underlying principles to undertake an analysis of non financial and financial risks when preparing a credit proposal. Since the best loans are the ones that do not present problems during the repayment phase, the authors also focus on elements relating to the proactive management of those loans during their inception.This book introduces:*Credit analysis, approval and management proce

Market discipline across countries and industries
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ISBN: 0262269031 1417575077 0262292157 9780262269032 9781417575077 0262025752 9780262025751 9780262292153 Year: 2004 Publisher: Cambridge, MA : MIT Press,

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Leading academics and policymakers address the theory of market discipline and consider evidence across different industries and countries.The effectiveness of market discipline--the strong built-in incentives that encourage banks and financial systems to operate soundly and efficiently--commands much attention today, particularly in light of recent accounting scandals. As government discipline, in the form of regulation, seems to grows less effective as the banking industry and financial markets grow more complex, the role of market discipline becomes increasingly important. In this collection, which grew out of a conference cosponsored by the Federal Reserve Bank of Chicago and the Bank for International Settlements in Basel, Switzerland, a diverse group of academics and policymakers address different aspects of the ability of market discipline to affect corporate behavior and performance. A major purpose of the book is to develop evidence on how market discipline operates across non-government regulated industries and in different countries, how successful it has been, and how it may transfer to a regulated industry. The chapters examine such topics as the theory of market discipline, evidence of market discipline in banking and other industries, evidence of market discipline for countries, the current state of corporate governance, and the interaction of market discipline and public policy.


Book
Shadow Banking and the Rise of Capitalism in China
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ISBN: 9789811029967 9811029962 9811029954 Year: 2017 Publisher: Singapore : Springer Singapore : Imprint: Palgrave Macmillan,

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This book is about the growth of shadow banking in China and the rise of China’s free markets. Shadow Banking refers to capital that is distributed outside the formal banking system, including everything from Mom and Pop lending shops to online credit to giant state owned banks called Trusts. They have grown from a fraction of the economy ten years ago to nearly half of all China’s annual Rmb 25 trillion ($4.1 trillion) in lending in the economy today. Shadow Banks are a new aspect of capitalism in China – barely regulated, highly risky, yet tolerated by Beijing. They have been permitted to flourish because many companies cannot get access to formal bank loans. It is the Wild West of banking in China. If we define capitalism as economic activity controlled by the private sector, then Shadow Banking is still in a hybrid stage, a halfway house between the state and the private economic. But it is precisely this divide that makes Shadow Banking an important to the rise of capitalism. How Beijing handles this large free market will say a lot about how the country’s economy will grow – will free markets be granted greater leeway? .

Advances in credit risk modelling and corporate bankruptcy prediction
Authors: ---
ISBN: 9780511754197 9780521869287 9780521689540 9780511429897 0511429894 9780511426827 0511426828 0511429517 9780511429514 0511428391 9780511428395 0521869285 0521689546 0511754191 1107197449 1281791415 9786611791414 0511427719 051142910X Year: 2008 Publisher: Cambridge : Cambridge University Press,

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The field of credit risk and corporate bankruptcy prediction has gained considerable momentum following the collapse of many large corporations around the world, and more recently through the sub-prime scandal in the United States. This book provides a thorough compendium of the different modelling approaches available in the field, including several new techniques that extend the horizons of future research and practice. Topics covered include probit models (in particular bivariate probit modelling), advanced logistic regression models (in particular mixed logit, nested logit and latent class models), survival analysis models, non-parametric techniques (particularly neural networks and recursive partitioning models), structural models and reduced form (intensity) modelling. Models and techniques are illustrated with empirical examples and are accompanied by a careful explanation of model derivation issues. This practical and empirically-based approach makes the book an ideal resource for all those concerned with credit risk and corporate bankruptcy, including academics, practitioners and regulators.


Book
Managing and measuring risk : emerging global standards and regulation after the financial crisis
Authors: ---
ISBN: 9814417491 9814417505 1299462537 9789814417501 9789814417495 9781299462533 Year: 2013 Publisher: [Hackensack] N.J. : World Scientific,

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This edited volume presents the most recent achievements in risk measurement and management, as well as regulation of the financial industry, with contributions from prominent scholars and practitioners such as Robert Engle, 2003 Nobel Laureate in Economics, Viral Acharya, Torben Andersen, Zvi Bodie, Menachem Brenner, Aswath Damodaran, Marti Subrahmanyam, William Ziemba and others. The book provides a comprehensive overview of recent emerging standards in risk management from an interdisciplinary perspective. Individual chapters expound on the theme of standards setting in this era of financia


Book
Managing banking risks
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ISBN: 1855732068 1845699068 9781845699062 9781855732063 Year: 1997 Publisher: Cambridge, England : Woodhead Publishing Limited,

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This book fills a gap in banking literature by providing a professional and sophisticated 'risk' primer for bank directors, executives and staff at every level as well as students, analysts and commentators on the banking scene. The breadth of focus is exceptional in covering the full range of banking risks, rather than the customary specialist segment.The book begins by defining risk itself and discussing how it can be approached in a banking context. It goes on to examine the concepts of volatility, expected and unexpected loss, the role of risk capital, rate of return and the requir


Book
Risk management for central banks and other public investors
Authors: --- ---
ISBN: 9780511575716 9780521518567 9781107403567 9780511480836 0511480830 0511480032 9780511480034 0511575718 0521518563 0521518563 9786612001680 1107191734 1107403561 128200168X 0511477643 0511476183 0511479166 Year: 2009 Publisher: Cambridge : Cambridge University Press,

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Domestic and foreign financial assets of all central banks and public wealth funds worldwide are estimated to have reached more than 12 trillion US dollars in 2007. How do these institutions manage such unprecedented growth in their financial assets and how have they responded to the 'revolution' of risk management techniques during the last two decades? This book surveys the fundamental issues and techniques associated with risk management and shows how central banks and other public investors can create better risk management systems. Each chapter looks at a specific area of risk management, first presenting general problems and then showing how these materialize in the special case of public institutions. Written by a team of risk management experts from the European Central Bank, this much-needed survey is an ideal resource for those concerned with the increasingly important task of managing risk in central banks and other financial institutions.


Book
Handbook on systemic risk
Authors: ---
ISBN: 9781107023437 1107023432 9781139151184 9781461934042 1461934044 1139151185 131609068X 1107273951 1107278449 1107277213 1299749313 1107275180 9781107272460 1107272467 9781107275188 9781299749313 9781107273955 9781107273955 9781107278448 9781107277212 Year: 2013 Publisher: Cambridge : Cambridge University Press,

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The Handbook on Systemic Risk, written by experts in the field, provides researchers with an introduction to the multifaceted aspects of systemic risks facing the global financial markets. The Handbook explores the multidisciplinary approaches to analyzing this risk, the data requirements for further research, and the recommendations being made to avert financial crisis. The Handbook is designed to encourage new researchers to investigate a topic with immense societal implications as well as to provide, for those already actively involved within their own academic discipline, an introduction to the research being undertaken in other disciplines. Each chapter in the Handbook will provide researchers with a superior introduction to the field and with references to more advanced research articles. It is the hope of the editors that this Handbook will stimulate greater interdisciplinary academic research on the critically important topic of systemic risk in the global financial markets.


Book
Recente evoluties van het risicobeheer bij kredietinstellingen
Author:
ISBN: 906215722X 9789062157228 Year: 2000 Publisher: Antwerpen Maklu

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