Click on a thumbnail to go to Google Books.
Loading... Volatility and credit risk in the capital markets : assessing and managing financial instrument risk and off-balance sheet operationsby Erik Banks
No tags None Loading...
Sign up for LibraryThing to find out whether you'll like this book. No current Talk conversations about this book. No reviews no reviews | add a review
"Financial institutions face more risk than ever before owing to increased market volatility and a confusing array of high-tech financial instruments. To gain an edge over their competitors, financial institutions must understand, manage and capitalize on these risks. Failure to do so is a recipe for disaster." "Volatility and Credit Risk in the Capital Markets provides an answer for financial professionals who are grappling with the ever-growing and ever-changing nature of risk in today's markets. It provides a formal, all-encompassing methodology to analyze and measure the risk/reward characteristics of various financial instruments." "The methodology is particularly suited to analyzing derivative instruments, such as options, futures and swaps. While these instruments originally were designed to manage risk, they have actually complicated risk analysis and risk management. Properly understood, derivatives can be used to engineer a precisely defined risk quotient. Poorly handled, derivatives can vastly increase a financial institution's exposure to risk. Specific instruments examined in this groundbreaking work include mortgage-backed securities and MBS derivatives; swaps and swap derivatives; foreign exchange and currency derivatives; U.S. Treasury securities and Treasury derivatives; and money market instruments." "Volatility and Credit Risk in the Capital Markets demonstrates how to quantify risk so that an institution understands its exact exposure. In so doing, the book illuminates the multi-dimensional nature of financial risk and provides a pathway for those looking to identify and exploit opportunities in today's fast-moving, ever-changing financial markets." "The first authoritative book on financial instrument risk, Volatility and Credit Risk in the Capital Markets is destined to become a classic."--BOOK JACKET.Title Summary field provided by Blackwell North America, Inc. All Rights Reserved No library descriptions found. |
Current DiscussionsNonePopular coversNone
Google Books — Loading... RatingAverage: No ratings.Is this you?Become a LibraryThing Author. |