Credit Derivatives explains the major types of credit derivatives and their unique features, illustrating how they work in the real world through numerous examples. You will learn the key skill of pricing credit derivatives and the factors that must be taken into account, including time to maturity, probability of default, and expected recovery value.

Credit Derivatives: Techniques to Manage Credit Risk for Financial Professionals (McGraw-Hill Financial Education Series)

Business & Money

Siegel, Paul

Banks, Erik

Glantz, Morton

Economics

McGraw=Hill

The Options Applications Handbook offers a lucid, down-to-earth introduction to the fundamentals of options, explaining how options can be used for various purposes, such as options on exchange rates, interest rates, stocks, futures, and fixed-income securities. With the help of this on-target guide, readers will be able to understand basic option types…use standard market terminology…grasp the costs, benefits, and risks of basic option positions…identify key factors that affect the price of an option…and see how pricing models have been modified for specialized options. The Options Applications Handbook covers in detail: <li>Conventional Options_focuses on the mechanics of call and put options, basic option payoff profiles, and the creation of synthetic options/assets </li>
<li>Exotic Options_explores second generation option contracts, such as path dependent options and path independent derivatives, that build on the basic structure of conventional options </li>
<li>Option-Embedded Securities_demonstrates how flexible options can be embedded in securities to build customized funding/risk/investment tools </li>
<li>Option-Embedded Derivatives_illustrates how options can be combined with other derivatives to create customized risk/investment products, such as callable and puttable swaps </li>
<li>Option Strategies_describes how options can be used in combinations to create risk management and speculative views on a particular reference asset </li>
<li>Corporate and Investor Applications_examines how to utilize options for hedging, speculating, arbitraging, and value monetization </li>
<li>An Overview of Option Pricing_surveys basic pricing matters, including intrinsic and time value, moneyness, and pricing inputs _ Option Pricing Models_outlines option pricing frameworks, such as the Black-Scholes process and the binomial model </li>
<li>Hedging Option Portfolios_discusses how market-makers and dealers risk-manage their portfolios in practice </li>
<li>Risk and Control Issues_considers option risk control, including credit and market portfolio risk management and internal financial and audit processes</li>

The Options Applications Handbook: Hedging and Speculating Techniques for Professional Investors (McGraw-Hill Financial Education Series)

Market volatility and competition have each played a significant role in altering the state of banking over the last twenty years. During the 1980s and 1990s banks have been exposed to new types of risks with far different characteristics and magnitudes than those dealt with in the early days of banking. Erik Banks seeks to explore the qualitative and quantitative aspects of risks attributable to financial instruments in today's markets, which are so much a part of banking business throughout the world. Banks describes the credit risks encountered in dealing with financial instruments and establishes a framework for quantifying the risks and applies framework and concepts on a product-by-product basis.

The Credit Risk of Financial Instruments (Finance and Capital Markets Series)

Reference

PALGRAVE~MACMILLAN

This edition of The Credit Risk of Complex Derivatives is fully updated and enhanced. It discusses and analyses the credit risks of the new financial derivatives. The book commences with an overview of the regulatory environment and the renewed emphasis on risk Management. It then provides a comprehensive review of complex options and swaps, with extensive examples and illustrations. The text concludes with a detailed discussion of portfolio credit risk issues and techniques in order to ensure the most effective and accurate understanding of complex derivative credit risk.

The Credit Risk of Complex Derivatives (Finance and Capital Markets Series)

Finance: The Basics

A clear, jargon-free introduction to a complex and demanding subject, "Finance: The Basics" is the ultimate guide for those encountering this broad topic for the first time. With particular focus on the practical dimension of financial tools, instruments and markets, this user-friendly text provides the reader with a solid working knowledge of the key drivers of the financial marketplace, ensuring that the concepts learnt can be easily applied and related to daily activities, the financial press and the financial markets. Authoritative yet accessible, "Finance: The Basics" is ideal for first year undergraduates with no previous exposure to financial concepts, as well as those looking for simple yet comprehensive explanations of the primary elements of the topic.

Routledge

A clear, jargon-free introduction to a complex and demanding subject, "Finance: The Basics" is the ultimate guide for those encountering this broad topic for the first time. With particular focus on the practical dimension of financial tools, instruments and markets, this user-friendly text provides the reader with a solid working knowledge of the key drivers of the financial marketplace, ensuring that the concepts learnt can be easily applied and related to daily activities, the financial press and the financial markets. Authoritative yet accessible, "Finance: The Basics" is ideal for first year undergraduates with no previous exposure to financial concepts, as well as those looking for simple yet comprehensive explanations of the primary elements of the topic.

First published in 2011. Routledge is an imprint of Taylor & Francis, an informa company.

First published in 2011. Routledge is an imprint of Taylor &amp; Francis, an informa company.

Catastrophic risk is one of the most significant and challenging areas of corporate risk management. Analyze this risk for your company with Catastrophic Risk and make sure you have sufficient resources to absorb losses and avoid financial distress. 
The first comprehensive volume to address this topic from a financial perspective, this book is a guide to the worst financial risks threatening companies and industries today. Author Eric Banks begins with a consideration of ?catastrophe? and its mplications, looks at the state of actuarial and financial modelling of catastrophe risks, and discusses the creation of a risk management framework that will enable the efficient and secure management of exposure. Catastrophic Risk is essential reading if you're a corporate treasurer, CFO, or insurance/financial risk manager responsible for corporate risk management. Order your copy today.

Catastrophic Risk: Analysis and Management

Finance

wiley

Organized along product lines, the book will analyze many of the original classes of structured assets, including mortgage- and asset-backed securities and strips, as well as the newest structured and synthetic instruments, including exchange-traded funds, credit derivative-based collateralized debt obligations, total return swaps, contingent convertibles, and insurance-linked securities. 
Two introductory chapters will outline the scope of the market, key definitions, participant motivations/goals, economics of structuring and synthetic replication, and the central "building blocks" used in the creation of synthetic/structured assets (including on-balance sheet assets and liabilities, derivatives, shelf registration debt programs, private placements, trusts, and special purpose entities). Eight product chapters will then examine the main instruments of the marketplace: mortgage- and asset-backed securities, stripped/reconstituted government securities, collateralized debt obligations, structured notes, insurance-linked securities, exchange-traded funds, convertible bond variations, and derivatives/synthetic asset replication. Each product chapter will contain product descriptions, structural features (e.g., trading conventions, settlement), arbitrage/investment drivers, and various worked examples and diagrams that emphasize practical investment and risk applications; financial mathematics will be kept to a minimum. A concluding chapter will review the essential risk, legal, regulatory, and accounting features of synthetic and structured assets in the world's major markets.

Synthetic and Structured Assets: A Practical Guide to Investment and Risk

See the best price to sell, buy, or rent books by Banks, Erik. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by Banks, Erik

See the best price to sell, buy, or rent books by Banks, Erik. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Credit Derivatives: Techniques to Manage Credit Risk for Financial Professionals (McGraw-Hill Financial Education Series)

The Options Applications Handbook: Hedging and Speculating Techniques for Professional Investors (McGraw-Hill Financial Education Series)

The Credit Risk of Financial Instruments (Finance and Capital Markets Series)

The Credit Risk of Complex Derivatives (Finance and Capital Markets Series)

Finance: The Basics

Finance: The Basics

Finance: The Basics

Finance: The Basics

Catastrophic Risk: Analysis and Management

Synthetic and Structured Assets: A Practical Guide to Investment and Risk