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Counterparty Credit Risk: The new challenge for global financial markets (The Wiley Finance Series)


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#1815459 in eBooks 2011-09-07 2011-09-07File Name: B005MJFA0Y3 of 3 people found the following review helpful. Straightforward and thorough. Not quantitative.By AlistairA generally readable overview I'd recommend to anyone who wants to be introduced to concepts of counterparty risk and its mitigation. Probably not suitable for a complete financial beginner, but once you have the concepts of valuation and VaR say, this should be relatively straightforward. The decision to omit the maths is probably welcome for many, but it does make a few sections harder tFrom the Inside Flap"Gregory has given us the first fully integrated treatment of counterparty credit risk. He delivers an authoritative and clear explanation of the nature of counterparty risk, as well as its measurement, market valuation, and management. He includes lessons learned from the financThe first decade of the 21st Century has been disastrous for financial institutions, derivatives and risk management. Counterparty credit risk has become the key element of financial risk management, highlighted by the bankruptcy of the investment bank Lehman Brothers and failure of other high profile institutions such as Bear Sterns, AIG, Fannie Mae and Freddie Mac. The sudden realisation of extensive counterparty risks has severely compromised the health of global financial markets. Counterpar...

You easily download any file type for your gadget.Counterparty Credit Risk: The new challenge for global financial markets (The Wiley Finance Series)   |  . I was recommended this book by a dear friend of mine.

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