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MEASURING AND MANAGING CREDIT RISK
SERVIGNY A.,RENAULT O. wydawnictwo: MCGRAW-HILL , rok wydania 2004, wydanie I cena netto: 280.00 Twoja cena 266,00 zł + 5% vat - dodaj do koszyka Today's most
complete, up-to-date reference for controlling credit risk exposure of all types, in every
environment
Measuring and Managing Credit Risk takes you far beyond the Basel guidelines to detail a
powerful, proven program for understanding and controlling your firm's credit risk.
Providing hands-on answers on practical topics from capital management to correlations,
and supporting its theories with up-to-the-minute data and insights, this authoritative
book examines every key aspect of credit risk, including:
- Determinants of
credit risk and pricing/spread implications
- Quantitative
models for moving beyond Altman's Z score to separate 'good' borrowers from 'bad'
- Key determinants
of loss given default, and potential links between recovery rates and probabilities of
default
- Measures of
dependency including linear correlation, and the impact of correlation on portfolio losses
- A detailed review
of five of today's most popular portfolio models'CreditMetrics, CreditPortfolioView,
Portfolio Risk Tracker, CreditRisk+, and Portfolio Manager
- How credit risk is
reflected in the prices and yields of individual securities
- How derivatives
and securitization instruments can be used to transfer and repackage credit risk
Today's credit risk measurement and management tools and techniques provide organizations
with dramatically improved strength and flexibility, not only in mitigating risk but also
in improving overall financial performance. Measuring and Managing Credit Risk introduces
and explores each of these tools, along with the rapidly evolving global credit
environment, to provide bankers and other financial decision-makers with the know-how to
avoid excessive credit risk where possible'and mitigate it when necessary.
466 pages
Po otrzymaniu zamówienia poinformujemy, czy wybrany tytuł polskojęzyczny lub
anglojęzyczny jest aktualnie na półce księgarni.
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