Credit risk

from transaction to portfolio management

'Credit Risk: from transaction to portfolio management' provides high level, focused analysis of the nature of credit risk in investment bank portfolio management. Written by experienced international practitioners, it offers in-depth information and advice that will help all those charged with managing credit risk at ...

Economic capital allocation with Basel II

Cost, benefit and implementation procedures

This book is a complimentary follow-on book to Operational Risk Control with Basel II. While the previous book focuses on operational risk, Economic Capital Allocation provides an overview of credit risk within the context of the Basel II accords. The book provides: -Comprehensive coverage of ...

Managing credit risk in corporate bond portfolios

a practitioner's guide

In Managing Credit Risk in Corporate Bond Portfolios: A Practitioner#s Guide, investment expert Srichander Ramaswamy skillfully explains how you can begin to measure and manage the relative credit risk of a co rporate bond portfolio against its benchmark. By combining risk management concepts with ...

Global credit management

an executive summary

In many companies credit management is a passive and reactive discipline. This results in significant receivables assets weighing heavily on balance sheets, dragging down cash flow and inhibiting growth. The power of credit is shackled, muted. Release the power and passion of credit management in ...

Credit risk pricing models

theory and practice

The markets dealing with financial products related to credit risk have been booming over the last years. This has encouraged practitioners and academics at the same time to consider and develop sophisticated models for credit risk pricing. This book gives a deep insight into the ...

Operational risk control with Basel II

basic principles and capital requirements

Operational risk is present in every enterprise- The many types of operational risk; Why management risk, legal risk, and information technology risk are the most important operational risks; Other key operational risks to which senior management and the back office should pay attention; Identification, monitoring ...

CreditRisk+ in the banking industry

CreditRisk+ is an important and widely implemented default-mode model of portfolio credit risk, based on a methodology borrowed from actuarial mathematics. This book gives an account of the status quo as well as of new and recent developments of the credit risk model CreditRisk+, which ...

Interest rate models

an introduction

The field of financial mathematics has developed tremendously over the past thirty years, and the underlying models that have taken shape in interest rate markets and bond markets, being much richer in structure than equity-derivative models, are particularly fascinating and complex. This book introduces the ...

Credit risk modeling

theory and applications

David Lando considers the two broad approaches to credit risk analysis: that based on classical option pricing models on the one hand, and on a direct modeling of the default probability of issuers on the other. He offers insights that can be drawn from each ...

Financiación pública para la internacionalización

manual práctico para el uso de los instrumentos financieros públicos de apoyo a la actividad internacional de la empresa

Value added risk management in finacial institutions

leveraging Basel II & risk adjusted performance measurement

The typical financial executive s view of the value of risk management in their financial institution is based on the belief that risk management focuses on loss avoidance. This view is based on the history of risk management being control focused. However, risk management has ...

Pricing and hedging interest and credit risk sensitive instruments

This book is tightly focused on the pricing and hedging of fixed income securities and their derivatives. It is targeted at those who are interested in trading these instruments in an investment bank, but is also useful for those responsible for monitoring compliance of the ...

Basilea II

una nueva forma de relación Banca-Empresa

El libro está enfocado, primordialmente, a ¿sensibilizar¿ a los empresarios directivos de esta nueva realidad financiera que les afecta en su ¿core business?. Basilea II pretende alcanzar tres objetivos:- Que el capital de las entidades crediticias sea cada día sea más sensible a los distintos ...

Credit reporting systems and the international economy

Medición integral del riesgo de crédito

Este material tiene por objeto contribuir a la difusión del tema de medición de riesgos de créditos y señalar los factores que los modelos deben tomar en cuenta para ser adaptados a las circunstancias comúnmente observadas en países emergentes. Por medio de la edición de ...

Understanding market,credit,and operational risk

the value at risk approach

A step-by-step, real world guide to the use of Value at Risk (VaR) models, this text applies the VaR approach to the measurement of market risk, credit risk and operational risk. The book describes and critiques proprietary models, illustrating them with practical examples drawn from ...

Credit risk models and the basel accords

The Bank for International Settlements is only 1-2 years away from effectively requiring all major financial institutions in the world to use a sophisticated credit models. The most widely used model is based on the 1974 Merton model of risky debt. A more recent extension ...

Manual del credit manager

Prenda de valores en garantía de operaciones crediticias

Prenda telemática

Too sensational

on the choice of exchange rates regimes

In this volume, W. Max Corden presents a systematic and accessible overview of the choice of exchange rate regimes. Reviewing many types of regimes, he shows how the choice of an exchange rate regime is related to both fiscal policy and trade policy. Building on ...