Risk Management and Financial Institutions

Передня обкладинка
John Wiley & Sons, 10 квіт. 2018 р. - 832 стор.

The most complete, up-to-date guide to risk management in finance

Risk Management and Financial Institutions, Fifth Edition explains all aspects of financial risk and financial institution regulation, helping you better understand the financial markets—and their potential dangers. Inside, you’ll learn the different types of risk, how and where they appear in different types of institutions, and how the regulatory structure of each institution affects risk management practices. Comprehensive ancillary materials include software, practice questions, and all necessary teaching supplements, facilitating more complete understanding and providing an ultimate learning resource.

All financial professionals need to understand and quantify the risks associated with their decisions. This book provides a complete guide to risk management with the most up to date information.

• Understand how risk affects different types of financial institutions

• Learn the different types of risk and how they are managed

• Study the most current regulatory issues that deal with risk

• Get the help you need, whether you’re a student or a professional

Risk management has become increasingly important in recent years and a deep understanding is essential for anyone working in the finance industry; today, risk management is part of everyone's job. For complete information and comprehensive coverage of the latest industry issues and practices, Risk Management and Financial Institutions, Fifth Edition is an informative, authoritative guide.

 

Зміст

1
2
Financial Institutions and Their Trading
23
Banks
25
1
26
2
36
CONTENTS
39
Insurance Companies and Pension Plans
47
1
48
Basel I Basel II and Solvency II
347
Basel II 5 Basel III and Other PostCrisis Changes
377
Regulation of the OTC Derivatives Market
399
Fundamental Review of the Trading Book
415
Credit Risk
429
Estimating Default Probabilities
431
CVA and DVA
459
Credit Value at Risk
479

2
59
Mutual Funds ETFs and Hedge Funds
75
1
85
Trading in Financial Markets
97
2
106
4
120
The Credit Crisis of 20072008
127
1
128
2
138
The RiskNeutral and Real
145
Market Risk
159
1
161
CONTENTS
174
1
179
Interest Rate Risk
185
CONTENTS IN BRIEF Chapter 10 Volatility
213
Correlations and Copulas
243
Value at Risk and Expected Shortfall
269
Historical Simulation and Extreme Value Theory
293
ModelBuilding Approach
317
Regulation
345
Other Topics
495
Scenario Analysis and Stress Testing
497
Operational Risk
515
Liquidity Risk
537
CONTENTS
547
Model Risk Management
565
Economic Capital and RAROC
585
Enterprise Risk Management
603
Financial Innovation
621
Risk Management Mistakes to Avoid
643
Appendix A Compounding Frequencies for Interest Rates
657
Valuing Forward and Futures Contracts
667
Appendix E Valuing European Options
673
Appendix G Taylor Series Expansions
681
Principal Components Analysis
689
Synthetic CDOs and Their Valuation
697
Glossary
745
RMFI Software
773
Table for Nx When x 0
779
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Про автора (2018)

JOHN C. HULL is the Maple Financial Professor of Derivatives and Risk Management at the Joseph L. Rotman School of Management, University of Toronto, and codirector of Rotman's Master of Finance and Master of Financial Risk Management programs. He has been a consultant to many North American, Japanese, and European financial institutions.

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