Info
- Utilizzare la checkbox di selezione a fianco di ciascun documento per attivare le funzionalità di stampa, invio email, download nei formati disponibili del (i) record.
Investing in the age of sovereign defaults : how to preserve your wealth in the coming crisis / / Peter Treadway with contributions from Michael C.S. Wong
| Investing in the age of sovereign defaults : how to preserve your wealth in the coming crisis / / Peter Treadway with contributions from Michael C.S. Wong |
| Autore | Treadway Peter T |
| Edizione | [1st edition] |
| Pubbl/distr/stampa | Singapore, : John Wiley & Sons Singapore Pte. Ltd., 2013 |
| Descrizione fisica | 1 online resource (xix, 220 pages) : illustrations (some color) |
| Disciplina | 332.6 |
| Collana | Gale eBooks |
| Soggetto topico |
Investments
Financial crises Country risk |
| ISBN |
1-283-94126-0
1-118-24724-8 1-118-24722-1 |
| Formato | Materiale a stampa  |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Investing in the Age of Sovereign Defaults: How to Preserve your Wealth in the Coming Crisis; Copyright; Contents; Acknowledgments; Preface; Why Another Book on the Financial Crisis?; Overview of Contents; Chapter 1: Democracies' Fatal Attraction of Populism; Default, an Expanded Definition; Debt Default in History-A Recurring Theme; Nobody Likes a Lender; Populism, Democracy, and the Road to Default; The Demographics Are Awful; The Special Roles of the United States; Universal Suffrage-The Holy Grail or the Villain?; Universal Suffrage-The American Story; Rational Economic Man?
Irrational Voters?Is a Meritocracy Good for Everyone?; Do We Want a Meritocracy?; Public-Sector Unions-We Vote for You, You Reward Us; Debt and Macroeconomics; Hyman Minsky: Another View of Debt and Macroeconomics; Culture Counts; One Note of Optimism; Notes; Chapter 2: The Sorry Fiscal State of the Advanced Countries; Sovereign Debt/GDP; Outlook for the United States; Dismal Demographics; Race and Ethnicity-An American Complication; Unfunded Entitlements and Dismal Accounting; And Then There Are the American States; The Ownership of US Government Securities If Something Cannot Go on Forever, Then It Will StopEurope-The Default Process Has Already Begun; The Euro-What Should Have Been; Concerned about the Wrong Thing; I Told You So; What Europe Should Have Done Differently; The Third German Attempt to Take Over Europe Will Fail, as Did the Last Two; The United Kingdom-Not a Euro Country; Japan-The Enigma; Notes; Chapter 3: A Diversion to India and China; India-The Democratic Surprise; China-Not a Democracy, Populism Less of a Problem; But the Dynasty Will Survive; Note; Chapter 4: The International Monetary System-In Desperate Need of Repair Let's Start with History and EconomicsThe Gold Standard in Theory-The Price-Specie Flow Mechanism; The Sad Evolution of the International Monetary System; Bimetallic/Silver Standards Pre-1879; The Classical Gold Standard (1879-1914); The WWI Fiat Money Period; Gold Exchange Standard (1921-1936); The Bretton Woods System (1945-1971); The Current Dollar-Centric Fiat Money System (1973-Present); The New World of Quantitative Easing (2001-?); The International Monetary System Must Change-But to What?; Keep the Current System But Set Up Rules; A New Gold Standard?; Alternative Private Moneys Keynes's BancorNotes; Chapter 5: The Road to Worthless Paper Money; China-The Birthplace of (Worthless) Paper Money; A Persian Diversion; The American Story-""Honest Abe"" Prints Some Money; German Hyperinflation-Is This the Prototype?; Modern Inflation; Are We Really in Deflation?; Measuring Inflation-Are the Numbers Really Higher?; Notes; Chapter 6: An Overall Assessment of the Current Investing Scene; The Bad News; The Good News and Some Long-Term Trends (Which Are Mostly Good News); The Unknowns; Supply-Side Reforms Must be Enacted; Taxation-Americans versus Everybody Else; Note Chapter 7: Investment Survival in the Age of Defaults |
| Record Nr. | UNINA-9910786067003321 |
Treadway Peter T
|
||
| Singapore, : John Wiley & Sons Singapore Pte. Ltd., 2013 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Investing in the age of sovereign defaults : how to preserve your wealth in the coming crisis / / Peter Treadway with contributions from Michael C.S. Wong
| Investing in the age of sovereign defaults : how to preserve your wealth in the coming crisis / / Peter Treadway with contributions from Michael C.S. Wong |
| Autore | Treadway Peter T |
| Edizione | [1st edition] |
| Pubbl/distr/stampa | Singapore, : John Wiley & Sons Singapore Pte. Ltd., 2013 |
| Descrizione fisica | 1 online resource (xix, 220 pages) : illustrations (some color) |
| Disciplina | 332.6 |
| Collana | Gale eBooks |
| Soggetto topico |
Investments
Financial crises Country risk |
| ISBN |
1-283-94126-0
1-118-24724-8 1-118-24722-1 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Investing in the Age of Sovereign Defaults: How to Preserve your Wealth in the Coming Crisis; Copyright; Contents; Acknowledgments; Preface; Why Another Book on the Financial Crisis?; Overview of Contents; Chapter 1: Democracies' Fatal Attraction of Populism; Default, an Expanded Definition; Debt Default in History-A Recurring Theme; Nobody Likes a Lender; Populism, Democracy, and the Road to Default; The Demographics Are Awful; The Special Roles of the United States; Universal Suffrage-The Holy Grail or the Villain?; Universal Suffrage-The American Story; Rational Economic Man?
Irrational Voters?Is a Meritocracy Good for Everyone?; Do We Want a Meritocracy?; Public-Sector Unions-We Vote for You, You Reward Us; Debt and Macroeconomics; Hyman Minsky: Another View of Debt and Macroeconomics; Culture Counts; One Note of Optimism; Notes; Chapter 2: The Sorry Fiscal State of the Advanced Countries; Sovereign Debt/GDP; Outlook for the United States; Dismal Demographics; Race and Ethnicity-An American Complication; Unfunded Entitlements and Dismal Accounting; And Then There Are the American States; The Ownership of US Government Securities If Something Cannot Go on Forever, Then It Will StopEurope-The Default Process Has Already Begun; The Euro-What Should Have Been; Concerned about the Wrong Thing; I Told You So; What Europe Should Have Done Differently; The Third German Attempt to Take Over Europe Will Fail, as Did the Last Two; The United Kingdom-Not a Euro Country; Japan-The Enigma; Notes; Chapter 3: A Diversion to India and China; India-The Democratic Surprise; China-Not a Democracy, Populism Less of a Problem; But the Dynasty Will Survive; Note; Chapter 4: The International Monetary System-In Desperate Need of Repair Let's Start with History and EconomicsThe Gold Standard in Theory-The Price-Specie Flow Mechanism; The Sad Evolution of the International Monetary System; Bimetallic/Silver Standards Pre-1879; The Classical Gold Standard (1879-1914); The WWI Fiat Money Period; Gold Exchange Standard (1921-1936); The Bretton Woods System (1945-1971); The Current Dollar-Centric Fiat Money System (1973-Present); The New World of Quantitative Easing (2001-?); The International Monetary System Must Change-But to What?; Keep the Current System But Set Up Rules; A New Gold Standard?; Alternative Private Moneys Keynes's BancorNotes; Chapter 5: The Road to Worthless Paper Money; China-The Birthplace of (Worthless) Paper Money; A Persian Diversion; The American Story-""Honest Abe"" Prints Some Money; German Hyperinflation-Is This the Prototype?; Modern Inflation; Are We Really in Deflation?; Measuring Inflation-Are the Numbers Really Higher?; Notes; Chapter 6: An Overall Assessment of the Current Investing Scene; The Bad News; The Good News and Some Long-Term Trends (Which Are Mostly Good News); The Unknowns; Supply-Side Reforms Must be Enacted; Taxation-Americans versus Everybody Else; Note Chapter 7: Investment Survival in the Age of Defaults |
| Record Nr. | UNINA-9910824684803321 |
|
Treadway Peter T
|
||
| Singapore, : John Wiley & Sons Singapore Pte. Ltd., 2013 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Professional financial computing using Excel and VBA [[electronic resource] /] / Humphrey K.K. Tung, Donny C.F. Lai, and Michael C.S. Wong ; with Stephen Ng
| Professional financial computing using Excel and VBA [[electronic resource] /] / Humphrey K.K. Tung, Donny C.F. Lai, and Michael C.S. Wong ; with Stephen Ng |
| Autore | Tung Humphrey K. K (Humphrey Kwong Kwai) |
| Pubbl/distr/stampa | Singapore ; ; Hoboken, NJ, : Wiley, 2010 |
| Descrizione fisica | 1 online resource (365 p.) |
| Disciplina | 332.0285536 |
| Altri autori (Persone) |
LaiDonny C. F
WongMichael C. S (Michael Chak Sham) |
| Collana | [Wiley finance] |
| Soggetto topico | Finance - Data processing |
| ISBN |
1-118-17908-0
1-283-40150-9 9786613401502 1-118-39040-7 1-118-17906-4 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Professional Financial Computing Using Excel & VBA; Contents; Preface; CHAPTER 1: Financial Engineering and Computing; 1.1 Financial Engineering and Spreadsheet Modeling; 1.2 Lehman Brothers' Products for Retail Investors; 1.3 Risk Management and Basel II; 1.4 About the Book; 1.5. Chapter Highlights; 1.6 Other Remarks; CHAPTER 2: The GARCH(1,1) Model; 2.1. The Model; 2.2. Excel Implementation; 2.3. Excel Plus VBA Implementation; CHAPTER 3: Finite Difference Methods; 3.1. Difference Equations; 3.2. Excel Implementation; 3.3. VBA Implementation; 3.4. Crank-Nicholson Scheme
CHAPTER 4: Portfolio Mean-Variance Optimization4.1. Portfolio Selection; 4.2. Excel Implementation; 4.3. Excel Plus VBA Implementation; CHAPTER 5: Newton-Raphson Method; 5.1. Newton-Raphson Method for Systems of Equations; 5.2. VBA Routine; CHAPTER 6: Yield Curve Construction Using Cubic Spline; 6.1. Cubic Spline Interpolation; 6.2. Yield Curve Construction; 6.3. Excel Plus VBA Implementation; CHAPTER 7: Binomial Option Pricing Model; 7.1. Risk-Neutral Option Pricing and the Binomial Tree; 7.2. VBA Implementation; CHAPTER 8: The Black-Derman-Toy Model 8.1. The Term Structure Model and the Black-Derman-Toy Tree8.2. Excel Plus VBA Implementation; CHAPTER 9: Monte Carlo Option Pricing; 9.1. TheMonte Carlo Method; 9.2. Risk-Neutral Valuation; 9.3. VBA Implementation; 9.4. Exotic Options; 9.5. American Options; CHAPTER 10: Portfolio Value-at-Risk; 10.1. Portfolio Risk Simulation; 10.2. Monte Carlo Simulation for Multiple-Asset Portfolios; 10.3. Historical Simulation for Multiple-Asset Portfolios; 10.4. VBA Implementation of Portfolio Risk Simulation; 10.5. Drill Down of Portfolio Risk; CHAPTER 11: The Hull-White Model 11.1. Hull-White Trinomial Tree11.2. Excel Plus VBA Implementation; 11.3. The General Hull-White Model; 11.4. Implementation of the General Hull-White Model; CHAPTER 12: CreditMetrics Model; 12.1. The CreditMetrics Model; 12.2. Individual (Segregate) Asset Valuation Framework; 12.3 Monte Carlo Simulation in Detail; 12.4. Excel and VBA Implementation; CHAPTER 13: KMV-Merton Model; 13.1. KMV-Merton Model of Credit Risk; 13.2. Excel and VBA Implementation; APPENDIX A: VBA Programming; A.1 Introduction; A.2 A Brief History of VBA; A.3 Essential Excel Elements for VBA; A.3.1 Excel Cell Reference A.3.2 Excel Defined NamesA.3.3 Excel Worksheet Functions; A.4 The VBA Development Environment (VBE); A.4.1 The Developer Tab in the Ribbon; A.4.2 The Windows of VBE; A.4.3 The Project Explorer; A.4.4 The VBA Project Structure; A.4.5 The Procedure to Create a VBA Subroutine; A.4.6 The Procedure to Create a VBA Function; A.5 Basic VBA Programming Concepts; A.5.1 Variables and Data Types; A.5.2 Declaration and Assignment Statements; A.5.3 Flow Control Statements; A.6 VBA Arrays; A.7 Using Worksheet Matrix Functions in VBA; A.8 Summary; APPENDIX B: The Excel Object Model APPENDIX C: VBA Debugging Tools |
| Record Nr. | UNINA-9910141152303321 |
|
Tung Humphrey K. K (Humphrey Kwong Kwai)
|
||
| Singapore ; ; Hoboken, NJ, : Wiley, 2010 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Professional financial computing using Excel and VBA / / Humphrey K.K. Tung, Donny C.F. Lai, and Michael C.S. Wong ; with Stephen Ng
| Professional financial computing using Excel and VBA / / Humphrey K.K. Tung, Donny C.F. Lai, and Michael C.S. Wong ; with Stephen Ng |
| Autore | Tung Humphrey K. K (Humphrey Kwong Kwai) |
| Edizione | [1st ed.] |
| Pubbl/distr/stampa | Singapore ; ; Hoboken, NJ, : Wiley, 2010 |
| Descrizione fisica | 1 online resource (365 p.) |
| Disciplina | 332.0285536 |
| Altri autori (Persone) |
LaiDonny C. F
WongMichael C. S (Michael Chak Sham) |
| Collana | [Wiley finance] |
| Soggetto topico | Finance - Data processing |
| ISBN |
1-118-17908-0
1-283-40150-9 9786613401502 1-118-39040-7 1-118-17906-4 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Professional Financial Computing Using Excel & VBA; Contents; Preface; CHAPTER 1: Financial Engineering and Computing; 1.1 Financial Engineering and Spreadsheet Modeling; 1.2 Lehman Brothers' Products for Retail Investors; 1.3 Risk Management and Basel II; 1.4 About the Book; 1.5. Chapter Highlights; 1.6 Other Remarks; CHAPTER 2: The GARCH(1,1) Model; 2.1. The Model; 2.2. Excel Implementation; 2.3. Excel Plus VBA Implementation; CHAPTER 3: Finite Difference Methods; 3.1. Difference Equations; 3.2. Excel Implementation; 3.3. VBA Implementation; 3.4. Crank-Nicholson Scheme
CHAPTER 4: Portfolio Mean-Variance Optimization4.1. Portfolio Selection; 4.2. Excel Implementation; 4.3. Excel Plus VBA Implementation; CHAPTER 5: Newton-Raphson Method; 5.1. Newton-Raphson Method for Systems of Equations; 5.2. VBA Routine; CHAPTER 6: Yield Curve Construction Using Cubic Spline; 6.1. Cubic Spline Interpolation; 6.2. Yield Curve Construction; 6.3. Excel Plus VBA Implementation; CHAPTER 7: Binomial Option Pricing Model; 7.1. Risk-Neutral Option Pricing and the Binomial Tree; 7.2. VBA Implementation; CHAPTER 8: The Black-Derman-Toy Model 8.1. The Term Structure Model and the Black-Derman-Toy Tree8.2. Excel Plus VBA Implementation; CHAPTER 9: Monte Carlo Option Pricing; 9.1. TheMonte Carlo Method; 9.2. Risk-Neutral Valuation; 9.3. VBA Implementation; 9.4. Exotic Options; 9.5. American Options; CHAPTER 10: Portfolio Value-at-Risk; 10.1. Portfolio Risk Simulation; 10.2. Monte Carlo Simulation for Multiple-Asset Portfolios; 10.3. Historical Simulation for Multiple-Asset Portfolios; 10.4. VBA Implementation of Portfolio Risk Simulation; 10.5. Drill Down of Portfolio Risk; CHAPTER 11: The Hull-White Model 11.1. Hull-White Trinomial Tree11.2. Excel Plus VBA Implementation; 11.3. The General Hull-White Model; 11.4. Implementation of the General Hull-White Model; CHAPTER 12: CreditMetrics Model; 12.1. The CreditMetrics Model; 12.2. Individual (Segregate) Asset Valuation Framework; 12.3 Monte Carlo Simulation in Detail; 12.4. Excel and VBA Implementation; CHAPTER 13: KMV-Merton Model; 13.1. KMV-Merton Model of Credit Risk; 13.2. Excel and VBA Implementation; APPENDIX A: VBA Programming; A.1 Introduction; A.2 A Brief History of VBA; A.3 Essential Excel Elements for VBA; A.3.1 Excel Cell Reference A.3.2 Excel Defined NamesA.3.3 Excel Worksheet Functions; A.4 The VBA Development Environment (VBE); A.4.1 The Developer Tab in the Ribbon; A.4.2 The Windows of VBE; A.4.3 The Project Explorer; A.4.4 The VBA Project Structure; A.4.5 The Procedure to Create a VBA Subroutine; A.4.6 The Procedure to Create a VBA Function; A.5 Basic VBA Programming Concepts; A.5.1 Variables and Data Types; A.5.2 Declaration and Assignment Statements; A.5.3 Flow Control Statements; A.6 VBA Arrays; A.7 Using Worksheet Matrix Functions in VBA; A.8 Summary; APPENDIX B: The Excel Object Model APPENDIX C: VBA Debugging Tools |
| Record Nr. | UNINA-9910811234803321 |
|
Tung Humphrey K. K (Humphrey Kwong Kwai)
|
||
| Singapore ; ; Hoboken, NJ, : Wiley, 2010 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
The risk of investment products [[electronic resource] ] : from product innovation to risk compliance / / editor, Michael C.S. Wong
| The risk of investment products [[electronic resource] ] : from product innovation to risk compliance / / editor, Michael C.S. Wong |
| Pubbl/distr/stampa | Singapore, : Hackensack, N.J., : World Scientific, c2011 |
| Descrizione fisica | 1 online resource (267 p.) |
| Disciplina | 332.6 |
| Altri autori (Persone) | WongMichael C. S (Michael Chak Sham) |
| Soggetto topico |
Investments
Securities Risk management |
| Soggetto genere / forma | Electronic books. |
| ISBN |
1-283-43386-9
9786613433862 981-4354-99-6 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Foreword; 1. INTRODUCTION; 2. PRODUCT RISK AS THE RISK OF BANKS; 3. MISREPRESENTATION OF INVESTMENT PRODUCTS; 4. THE ISSUE OF DUTY OF CARE; 5. COMPLEXITY OF INVESTMENT PRODUCTS; 6. STRESS RISK; CONTRIBUTORS TO THE BOOK; CONTENTS; 1. Bank Risk Management in Emerging Markets after the Enhanced Basel Rules; 1. INTRODUCTION; 2. IMPLICATIONS OF THE CURRENT BANKING CRISIS FOR THE EMERGING MARKET BANKING SECTOR; Financial Crises and Risk Management; Was Basel II Inadequate?; The Case of the Turkish Banking Sector: Strong Throughout the Crisis; 3. IMPLEMENTATION OF ENHANCED BASEL RULES
4. RISK MEASUREMENT OF FINANCIAL INSTRUMENTS IN TRADING AND BANKING BOOKS Critical Issues in Market Risk Assessment; 5. MODEL RISK IN PORTFOLIO MANAGEMENT; 6. CONCLUSION: REGULATORY CAPITAL VERSUS ECONOMIC CAPITAL; REFERENCES; 2. Product VaR Modelling; 1. DEFINITION AND CLASSIFICATION OF INVESTMENT PRODUCTS; 2. VALUATION OF INVESTMENT PRODUCTS; Illustration; 3. SENSITIVITY ANALYSIS; Duration; Necessity of Modified Duration; Equity Beta (β); 4. PROBLEM OF AGGREGATION AND EMERGENCE OF VALUE-AT-RISK; 5. DEFINITION AND MEASURE OF VaR; Delta Normal Method; Simulation Method; Historical Method 6. NEED FOR EXTREME TAIL LOSSES (ETL)REFERENCES; 3. Is It All About Disclosure? Regulating Structured Financial Products After the Lehman Brothers Minibonds Saga; 1. INTRODUCTION; 2. WHAT ARE LEHMAN MINIBONDS? STRUCTURE, NATURE AND INHERENT RISKS; 3. MIS-SELLING PRACTICES UNDER STATUTORY AND COMMON LAW RULES; Regulatory Framework and Statutory Rules; Common Law Rules; 4. REGULATING STRUCTURED FINANCIAL PRODUCTS: SOME "MINI" REGULATORY OPTIONS; Why Full Disclosure of Minibonds is Insufficient; How Can the Disclosure Regime be Improved Given the Increasing Complexity? Gatekeeper Theory and Credit Ratings Restoring the Freedom of Contract Doctrine in Financial Transactions?; 5. THE WAY FORWARD: SOME PRELIMINARY CONCLUSIONS; 4. Regulation of Over-The-Counter Derivatives in Australia; 1. INTRODUCTION; 2. DERIVATIVES IN THE NEWS; 3. INTRODUCTION TO REGULATION OF OTC DERIVATIVES IN AUSTRALIA; 4. OTC DERIVATIVES AND THE GLOBAL FINANCIAL CRISIS: PROPOSALS FOR NEW REGULATION; 5. ANY LESSONS FOR AUSTRALIA FROM THE US ON THE REGULATION OF OTC DERIVATIVES?; 6. REGULATION OF OTC DERIVATIVES IN AUSTRALIA; OTC Self-regulation: AFMA/ISDA; Australian Market Licence (AML) Exempt Financial Markets Australian Financial Services Licence; Clearing House; Market Misconduct; Common Law; Prudential Regulation: Capital Requirements and Risk Management; 7. OTCs IN AUSTRALIA DURING THE GLOBAL FINANCIAL CRISIS; 5. Credit Derivatives: Understanding Their Characteristics and Risk Potential; 1. INTRODUCTION; 2. COLLATERALIZED DEBT OBLIGATIONS: IMPROVING THE YIELD FROM DEBT SECURITIES; Balance-Sheet CDO: An Outline; Return Model and Pricing; Credit Risk Assessment, "Tranching" and Credit Rating; 3. CREDIT DEFAULT SWAPS: "BULLETPROOFING" CDO 4. SYNTHETIC CDOs AND RISK COVER UNDER CDSs |
| Record Nr. | UNINA-9910457786103321 |
| Singapore, : Hackensack, N.J., : World Scientific, c2011 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
The risk of investment products [[electronic resource] ] : from product innovation to risk compliance / / editor, Michael C.S. Wong
| The risk of investment products [[electronic resource] ] : from product innovation to risk compliance / / editor, Michael C.S. Wong |
| Pubbl/distr/stampa | Singapore, : Hackensack, N.J., : World Scientific, c2011 |
| Descrizione fisica | 1 online resource (267 p.) |
| Disciplina | 332.6 |
| Altri autori (Persone) | WongMichael C. S (Michael Chak Sham) |
| Soggetto topico |
Investments
Securities Risk management |
| ISBN |
1-283-43386-9
9786613433862 981-4354-99-6 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Foreword; 1. INTRODUCTION; 2. PRODUCT RISK AS THE RISK OF BANKS; 3. MISREPRESENTATION OF INVESTMENT PRODUCTS; 4. THE ISSUE OF DUTY OF CARE; 5. COMPLEXITY OF INVESTMENT PRODUCTS; 6. STRESS RISK; CONTRIBUTORS TO THE BOOK; CONTENTS; 1. Bank Risk Management in Emerging Markets after the Enhanced Basel Rules; 1. INTRODUCTION; 2. IMPLICATIONS OF THE CURRENT BANKING CRISIS FOR THE EMERGING MARKET BANKING SECTOR; Financial Crises and Risk Management; Was Basel II Inadequate?; The Case of the Turkish Banking Sector: Strong Throughout the Crisis; 3. IMPLEMENTATION OF ENHANCED BASEL RULES
4. RISK MEASUREMENT OF FINANCIAL INSTRUMENTS IN TRADING AND BANKING BOOKS Critical Issues in Market Risk Assessment; 5. MODEL RISK IN PORTFOLIO MANAGEMENT; 6. CONCLUSION: REGULATORY CAPITAL VERSUS ECONOMIC CAPITAL; REFERENCES; 2. Product VaR Modelling; 1. DEFINITION AND CLASSIFICATION OF INVESTMENT PRODUCTS; 2. VALUATION OF INVESTMENT PRODUCTS; Illustration; 3. SENSITIVITY ANALYSIS; Duration; Necessity of Modified Duration; Equity Beta (β); 4. PROBLEM OF AGGREGATION AND EMERGENCE OF VALUE-AT-RISK; 5. DEFINITION AND MEASURE OF VaR; Delta Normal Method; Simulation Method; Historical Method 6. NEED FOR EXTREME TAIL LOSSES (ETL)REFERENCES; 3. Is It All About Disclosure? Regulating Structured Financial Products After the Lehman Brothers Minibonds Saga; 1. INTRODUCTION; 2. WHAT ARE LEHMAN MINIBONDS? STRUCTURE, NATURE AND INHERENT RISKS; 3. MIS-SELLING PRACTICES UNDER STATUTORY AND COMMON LAW RULES; Regulatory Framework and Statutory Rules; Common Law Rules; 4. REGULATING STRUCTURED FINANCIAL PRODUCTS: SOME "MINI" REGULATORY OPTIONS; Why Full Disclosure of Minibonds is Insufficient; How Can the Disclosure Regime be Improved Given the Increasing Complexity? Gatekeeper Theory and Credit Ratings Restoring the Freedom of Contract Doctrine in Financial Transactions?; 5. THE WAY FORWARD: SOME PRELIMINARY CONCLUSIONS; 4. Regulation of Over-The-Counter Derivatives in Australia; 1. INTRODUCTION; 2. DERIVATIVES IN THE NEWS; 3. INTRODUCTION TO REGULATION OF OTC DERIVATIVES IN AUSTRALIA; 4. OTC DERIVATIVES AND THE GLOBAL FINANCIAL CRISIS: PROPOSALS FOR NEW REGULATION; 5. ANY LESSONS FOR AUSTRALIA FROM THE US ON THE REGULATION OF OTC DERIVATIVES?; 6. REGULATION OF OTC DERIVATIVES IN AUSTRALIA; OTC Self-regulation: AFMA/ISDA; Australian Market Licence (AML) Exempt Financial Markets Australian Financial Services Licence; Clearing House; Market Misconduct; Common Law; Prudential Regulation: Capital Requirements and Risk Management; 7. OTCs IN AUSTRALIA DURING THE GLOBAL FINANCIAL CRISIS; 5. Credit Derivatives: Understanding Their Characteristics and Risk Potential; 1. INTRODUCTION; 2. COLLATERALIZED DEBT OBLIGATIONS: IMPROVING THE YIELD FROM DEBT SECURITIES; Balance-Sheet CDO: An Outline; Return Model and Pricing; Credit Risk Assessment, "Tranching" and Credit Rating; 3. CREDIT DEFAULT SWAPS: "BULLETPROOFING" CDO 4. SYNTHETIC CDOs AND RISK COVER UNDER CDSs |
| Record Nr. | UNINA-9910778802103321 |
| Singapore, : Hackensack, N.J., : World Scientific, c2011 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
The risk of investment products : from product innovation to risk compliance / / editor, Michael C.S. Wong
| The risk of investment products : from product innovation to risk compliance / / editor, Michael C.S. Wong |
| Edizione | [1st ed.] |
| Pubbl/distr/stampa | Singapore, : Hackensack, N.J., : World Scientific, c2011 |
| Descrizione fisica | 1 online resource (267 p.) |
| Disciplina | 332.6 |
| Altri autori (Persone) | WongMichael C. S (Michael Chak Sham) |
| Soggetto topico |
Investments
Securities Risk management |
| ISBN |
1-283-43386-9
9786613433862 981-4354-99-6 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Foreword; 1. INTRODUCTION; 2. PRODUCT RISK AS THE RISK OF BANKS; 3. MISREPRESENTATION OF INVESTMENT PRODUCTS; 4. THE ISSUE OF DUTY OF CARE; 5. COMPLEXITY OF INVESTMENT PRODUCTS; 6. STRESS RISK; CONTRIBUTORS TO THE BOOK; CONTENTS; 1. Bank Risk Management in Emerging Markets after the Enhanced Basel Rules; 1. INTRODUCTION; 2. IMPLICATIONS OF THE CURRENT BANKING CRISIS FOR THE EMERGING MARKET BANKING SECTOR; Financial Crises and Risk Management; Was Basel II Inadequate?; The Case of the Turkish Banking Sector: Strong Throughout the Crisis; 3. IMPLEMENTATION OF ENHANCED BASEL RULES
4. RISK MEASUREMENT OF FINANCIAL INSTRUMENTS IN TRADING AND BANKING BOOKS Critical Issues in Market Risk Assessment; 5. MODEL RISK IN PORTFOLIO MANAGEMENT; 6. CONCLUSION: REGULATORY CAPITAL VERSUS ECONOMIC CAPITAL; REFERENCES; 2. Product VaR Modelling; 1. DEFINITION AND CLASSIFICATION OF INVESTMENT PRODUCTS; 2. VALUATION OF INVESTMENT PRODUCTS; Illustration; 3. SENSITIVITY ANALYSIS; Duration; Necessity of Modified Duration; Equity Beta (β); 4. PROBLEM OF AGGREGATION AND EMERGENCE OF VALUE-AT-RISK; 5. DEFINITION AND MEASURE OF VaR; Delta Normal Method; Simulation Method; Historical Method 6. NEED FOR EXTREME TAIL LOSSES (ETL)REFERENCES; 3. Is It All About Disclosure? Regulating Structured Financial Products After the Lehman Brothers Minibonds Saga; 1. INTRODUCTION; 2. WHAT ARE LEHMAN MINIBONDS? STRUCTURE, NATURE AND INHERENT RISKS; 3. MIS-SELLING PRACTICES UNDER STATUTORY AND COMMON LAW RULES; Regulatory Framework and Statutory Rules; Common Law Rules; 4. REGULATING STRUCTURED FINANCIAL PRODUCTS: SOME "MINI" REGULATORY OPTIONS; Why Full Disclosure of Minibonds is Insufficient; How Can the Disclosure Regime be Improved Given the Increasing Complexity? Gatekeeper Theory and Credit Ratings Restoring the Freedom of Contract Doctrine in Financial Transactions?; 5. THE WAY FORWARD: SOME PRELIMINARY CONCLUSIONS; 4. Regulation of Over-The-Counter Derivatives in Australia; 1. INTRODUCTION; 2. DERIVATIVES IN THE NEWS; 3. INTRODUCTION TO REGULATION OF OTC DERIVATIVES IN AUSTRALIA; 4. OTC DERIVATIVES AND THE GLOBAL FINANCIAL CRISIS: PROPOSALS FOR NEW REGULATION; 5. ANY LESSONS FOR AUSTRALIA FROM THE US ON THE REGULATION OF OTC DERIVATIVES?; 6. REGULATION OF OTC DERIVATIVES IN AUSTRALIA; OTC Self-regulation: AFMA/ISDA; Australian Market Licence (AML) Exempt Financial Markets Australian Financial Services Licence; Clearing House; Market Misconduct; Common Law; Prudential Regulation: Capital Requirements and Risk Management; 7. OTCs IN AUSTRALIA DURING THE GLOBAL FINANCIAL CRISIS; 5. Credit Derivatives: Understanding Their Characteristics and Risk Potential; 1. INTRODUCTION; 2. COLLATERALIZED DEBT OBLIGATIONS: IMPROVING THE YIELD FROM DEBT SECURITIES; Balance-Sheet CDO: An Outline; Return Model and Pricing; Credit Risk Assessment, "Tranching" and Credit Rating; 3. CREDIT DEFAULT SWAPS: "BULLETPROOFING" CDO 4. SYNTHETIC CDOs AND RISK COVER UNDER CDSs |
| Record Nr. | UNINA-9910815502103321 |
| Singapore, : Hackensack, N.J., : World Scientific, c2011 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||