In 1933 and 1956, the United States sharply limited the kinds of securities activities, commercial activities, and insurance activities banks could engage in. The regulations imposed on banks back then remain in place despite profound changes in the economic environment, in the structure of the national and international financial markets, and in technology. In this span of time many industries, especially those confronting global competition, have transformed themselves dramatically in their efforts to survive and prosper. Not so in the American financial services sector, banks have largely...
In 1933 and 1956, the United States sharply limited the kinds of securities activities, commercial activities, and insurance activities banks could en...
Recent years have seen enormous energy expended by bankers, regulators and academics, in an attempt to develop new approaches to measuring and managing risk. Credit risk management, one of the cutting edge topics in the contemporary world of finance, is the result of an explosion of aggressive development of new techniques. Saunders, editor of the Journal of Banking and Finance and the Journal of Financial Markets, Instruments and Institutions, has produced this up-to-date, technically orientated overview of many of these models of credit risk.
Recent years have seen enormous energy expended by bankers, regulators and academics, in an attempt to develop new approaches to measuring and managin...
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 actual case studies. Explaining the logic behind the economics and statistics, this technically sophisticated yet intuitive text should be an essential resource for all readers operating in a world of risk.
Applies the Value at Risk approach to market, credit, and operational risk...
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, credi...
Anthony C. Saunders Ashwinpaul Sondhi Anthony Saunders
The objective of "Off-Balance Sheet Activities" is to gain insights into, and propose meaningful solutions to, those issues raised by the current proliferation of off-balance sheet transactions. The book has its origins in a New York University conference that focused on this topic. Jointly undertaken by the Vincent C. Ross Institute of Accounting Research and New York University's Salomon Center for the study of Financial Institutions at the Stern School of Business, the conference brought together academic researchers and practitioners in the field of accounting and finance to address...
The objective of "Off-Balance Sheet Activities" is to gain insights into, and propose meaningful solutions to, those issues raised by the current p...
A classic book on credit risk management is updated to reflect the current economic crisis
Credit Risk Management In and Out of the Financial Crisis dissects the 2007-2008 credit crisis and provides solutions for professionals looking to better manage risk through modeling and new technology. This book is a complete update to Credit Risk Measurement: New Approaches to Value at Risk and Other Paradigms, reflecting events stemming from the recent credit crisis.
Authors Anthony Saunders and Linda Allen address everything from the implications of new regulations to...
A classic book on credit risk management is updated to reflect the current economic crisis
Focuses on regulatory issues such as universal banking and bank consolidation (via mergers and acquisitions), as well as the importance of deposit insurance and related too-big-to-fail guarantees, all of which became controversial during the crisis. This book also focuses on issues relating to relationship lending and bank risk management.
Focuses on regulatory issues such as universal banking and bank consolidation (via mergers and acquisitions), as well as the importance of deposit ins...
