Written by a renowned corporate financial advisor, this timely guide offers a comprehensive treatment of derivative financial instruments, fully covering bonds, interest swaps, options, futures, Forex, and more. The author explains the strategic use of derivatives, their place in portfolio managemen[...]
Provides the evidence and implications of policies by sovereigns and central banks, in dealing with the debt abyss. This book brings in perspective the diversity of opinion reigning in modern economics and finance and outlines the themes which, among themselves, are defining the society in which we [...]
The new capital adequacy rules by the Basel Committee on Banking Supervision, widely known as Basel III, is a set of regulatory standards. The regulatory activities of the Basel Committee divide into two major epochs: before and after the deep economic and banking crisis of 2007-2011. This crisis ha[...]
Basel II accords must be implemented by 2006 and require 2 years preparation for proper implementation. This work provides an overview of credit risk within the context of the Basel II accords. It includes key information on the technical requirements for credit institutions such as: new credit rati[...]
Based on a research project done by the author in 2003 and 2004, in the US, England, Germany, France, Italy and Switzerland, this book outlines the rules behind the able management of investments by private individuals, banks, and institutional investors. These rules are examined within the perspect[...]
Suitable for managers and professionals in business and industry, this book helps the reader in: understanding what is and is not IFRS; learning the complexities of IFRS implementation; and, appreciating the contribution of IFRS to corporate governance. It includes practical case studies from real-l[...]
Written for professionals in financial services with responsibility for IT and risk management, this work surveys the methodology required and IT systems and structures to support it according to Basel II. It also discusses types of risk, stress analysis and the use of scenarios, mathematical models[...]
Suitable for professionals in financial services with responsibility for IT and risk measurement, management, and modeling, this title explains the testing methodology necessary for risk control to meet Basel II requirements. It focuses on stress testing covering stress analysis and the use of scena[...]
The 'good life' for households has passed. The unwanted result which accompanied it is the sea of red ink. Confidence in the western way of life will not return until the current mess of a dysfunctional society, and its economy, is cleared out. Household Finance explains why and how this can be done[...]
The Euro was planned as common currency of a group of the European Union's member states. A dozen years of its implementation have shown that the planning was incomplete at best.[...]