Bank asset and liability management

strategy, trading, analysis

Banks are a vital part of the global economy, and the essence of banking is asset liability management (ALM). This book is a comprehensive treatment of an important financial market discipline. A reference text for all those involved in banking and the debt capital markets ...

The Law of multi-bank financing

This new work provides analysis of the legal and regulatory facets of syndicated loans, secondary loan market practice and other related financial practices. Acknowledging the dynamic growth in the secondary loan market Mugasha covers loan trading, credit derivatives, collateralised debt obligations, loan trading, mezzanine and ...

Rethinking Bank Regulation

till angels govern

This volume assembles and presents a new database on bank regulation in over 150 countries (included also on CD). It offers the first comprehensive cross-country assessment of the impact of bank regulation on the operation of banks, and assesses the validity of the Basel Committee ...

Fraudes, estafas y falsificaciones

toda la verdad sobre los engaños más grandes de la historia

"Fraudes, estafas y falsificaciones" muestra todos aquellos sucesos basados en el engaño que han trascendido a la Historia por su habilidad, notoriedad y perduración en el tiempo, y que ha pasado desapercibidos ante sus víctimas.

The trillion dollar meltdown

easy money, high rollers, and the great credit crash

The sub-prime mortgage crisis is only the beginning: A more profound economic and political restructuring is on its way.We are living in the most reckless financial environment in recent history. Arcane credit derivative bets are now well into the tens of trillions.According to ...

The future of european payments after SEPA

Banks, clearing houses, corporations, companies, technology firms, consultants and academics are all talking about SEPA (the Single Euro Payments Area) and the PSD (Payment Services Directive), and have been since 2000. This book, with contributions from leading figures in banks, corporates, and industry bodies, looks ...

The economics of banking

"The Economics of Banking" describes and explains trends and operations in banking within an accessible microeconomic framework. It incorporates theory with the practical aspects of banking so as to set banking within the economics paradigm. A primary section on trends within banking leads on to ...

Il microcredito

una nuova frontiera per l'economia

Si può concedere credito a clienti poveri, privi di garanzie patrimoniali, e avere successo? E' questa la scommessa vinta dalla Grameen Bank del Nobel per la pace Yunus e da altre esperienze di microcredito sparse in tutto il mondo. Un risultato che combina sviluppo economico ...

Capital market liberalization and development

Capital market liberalization has been a key battle in the debate on globalization for much of the previous two decades. Many developing countries, often at the behest of international financial institutions such as the IMF, opened their capital accounts and liberalized their domestic financial markets ...

Subprime Mortgage Credit Derivatives

Mortgage credit derivatives are a risky business, especially of late. Written by an expert author team of UBS practitioners-Laurie Goodman, Shumin Li, Douglas Lucas, and Thomas Zimmerman-along with Frank Fabozzi of Yale University, Subprime Mortgage Credit Derivatives covers state- of-the-art instruments and strategies for managing ...

The evolution of monetary policy and banking in the US

A concise analysis of the evolution of monetary policy and banking institutions over the past sixty years that stresses the dynamic interactions between the Federal Reserve and banking institutions that resulted from financial market innovations. Institutions were influenced by increasing competition in markets and monetary ...

El Sistema Monetario Europeo

lecciones de una experiencia novedosa

Incluye CD ROM con gráficos. Transcurrida una década desde la creación del euro, esta experiencia histórica monetaria ha supuesto que la mayor parte de las economías comunitarias compartan en la actualidad, con cierto éxito relativo, una misma moneda, a pesar de seguir manteniendo importantes diferencias ...

The past and future of Central Bank cooperation

This book explores the past and future of central bank cooperation. In today's global economy, the cooperation between central banks is a key element in maintaining or restoring monetary and financial stability, thereby ensuring a smooth functioning of the international financial system. In this ...

Chain of blame

how Wall Street caused the mortgage and credit crisis

In the summer of 2007, the subprime empire that Wall Street had built all came crashing down. On average, fifty lenders a month were going bust - and the people responsible for the crisis included not just unregulated loan brokers and con artists, but also investment ...

Genres of the credit economy

mediating value in Eighteenth- and Nineteenth-century britain

How did banking, borrowing, investing, and even losing money - in other words, participating in the modern financial system - come to seem like routine activities of everyday life? "Genres of the Credit Economy" addresses this question by examining the history of financial instruments and representations of ...

The optimum quantity of money

This classic set of essays by Nobel Laureate and leading monetary theorist Milton Friedman presents a coherent view of the role of money, focusing on specific topics related to the empirical analysis of monetary phenomena and policy. The early chapters cover factors determining the real ...

Risk assessment

decisions in banking and finance

New developments in assessing and managing risk are discussed in this volume. Addressing both practitioners in the banking sector and research institutions, the book provides a manifold view on the most-discussed topics in finance. Among the subjects treated are important issues such as: risk measures ...

A primer on money, banking, and gold

Foreword by Paul A. Volcker. ------------------------------------------------------------------------ ------------------------------------------------------------------------ ------------------------------------------------------------------------ One of the foremost financial writers of his generation, Peter Bernstein has the unique ability to synthesize intellectual history and economics with the theory and practice of investment management. Now, with classic titles such as "Economist on Wall Street", "A ...

The origin of financial crises

Central banks, credit bubbles and the efficient market fallacy

In a series of disarmingly simple arguments financial market analyst George Cooper challenges the core principles of today's economic orthodoxy and explains how we have created an economy that is inherently unstable and crisis prone. With great skill, he examines the very foundations of ...