Bank Valuation And Value Based Management Deposit And Loan Pricing Performance Evaluation And Risk Management

Author : Jean Dermine
Publisher : McGraw Hill Professional
Page : 450 pages
File Size : 41,9 Mb
Release : 2009-09
Category : Business & Economics
ISBN : 9780071624992

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Bank Valuation and Value-Based Management: Deposit and Loan Pricing, Performance Evaluation, and Risk Management by Jean Dermine Pdf

Bank Valuation & Value-Based Management provides bankers, bank regulators, auditors, and risk managers with foundational concepts and practical tools for effectively managing a bank. An expert in asset and liability management, European financial markets, and banking theory, Jean Dermine provides rigorous foundations to discuss asset and liability management at a global level, with an integrated focus on an institution’s banking book. He covers bank valuation, fund transfer pricing, deposit and loan pricing, risk management, and performance measurement, and addresses two high-profile issues for banks worldwide: portfolio credit risk and liquidity risk. This thorough and innovative guide presents insightful coverage on the hazards of measuring portfolio credit risk, the impact of liquidity risk on fund transfer pricing, and the practice of performance measurement in the banking industry. Numerous real-world examples from the U.S. subprime crisis help illustrate the nature and dynamics of these issues. Inside, you will find a framework for discussing such managerial issues as: Bank valuation Fund transfer pricing Deposit pricing Capital management Loan pricing and provisioning Securitization Measurement of interest rate risk Performance measurement At the same time that it helps readers develop an intuitive sense for asset-liability management, this practical book follows through with rigorous mathematical formulas and examples from the international banking community. In addition,exercises are incorporated throughout the text to facilitate discussions of how theoretical concepts can be applied to real-world problems. This authoritative guide to bank management also features an exclusive companion Web site, www.mhprofessional.com/bankvaluation, which includes additional chapters and exercise solutions that serve as key supplements to the core text. Creating value in banking depends on a rocksolid understanding of what drives value and the right valuation model to help make the tough decisions that will enhance shareholder value. Bank Valuation & Value-Based Management is your one-stop reference for each of these critical issues.

Author : Jean Dermine
Publisher : Unknown
Page : 128 pages
File Size : 41,5 Mb
Release : 2015
Category : Asset-liability management
ISBN : OCLC:1180315134

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Bank Valuation and Value Based Management: Deposit and Loan Pricing, Performance Evaluation, and Risk, 2nd Edition by Jean Dermine Pdf

Author : Jean Dermine
Publisher : McGraw Hill Professional
Page : 529 pages
File Size : 55,5 Mb
Release : 2014-10-24
Category : Business & Economics
ISBN : 9780071839495

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Bank Valuation and Value Based Management: Deposit and Loan Pricing, Performance Evaluation, and Risk, 2nd Edition by Jean Dermine Pdf

The professional resource every investment banker must have—the definitive guide to complying with the brand-new Basel III requirements Anchored in the fields of economics and finance, Bank Valuation and Value Based Management, Second Edition details asset-liability management and provides rigorous foundations to discuss the control of value creation and risk in banks. Dermine delivers a framework that addresses critical bank management issues that include fund transfer pricing, risk-adjusted performance evaluation, deposit pricing, capital management, loan pricing and provisioning, securitization, and the measurement of interest rate risk. The book also covers important topics, such as capital management methods, resolution for non-performing loans and investments, and securitization and other structured products. Jean Dermine is the Professor of Banking and Finance at INSEAD and has taught at Wharton School of the University of Pennsylvania, the Universities of Louvain and Lausanne, CESAG, NYU, and Stockholm Schools of Economics.

Author : Thomas C. Wilson
Publisher : John Wiley & Sons
Page : 720 pages
File Size : 48,9 Mb
Release : 2015-08-10
Category : Business & Economics
ISBN : 9781118774380

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Value and Capital Management by Thomas C. Wilson Pdf

A value management framework designed specifically for bankingand insurance The Value Management Handbook is a comprehensive,practical reference written specifically for bank and insurancevaluation and value management. Spelling out how the finance andrisk functions add value in their respective spheres, this bookpresents a framework for measuring – and more importantly,influencing – the value of the firm from the position of theCFO and CRO. Case studies illustrating value-enhancing initiativesare designed to help Heads of Strategy offer CEOs concrete ideastoward creating more value, and discussion of "hard" and "soft"skills put CFOs and CROs in a position to better influence strategyand operations. The challenge of financial services valuation isaddressed in terms of the roles of risk and capital, andbusiness-specific "value trees" demonstrate the source ofsuccessful value enhancement initiatives. While most value management resources fail to adequately addressthe unique role of risk and capital in banks, insurance, and assetmanagement, this book fills the gap by providing concrete,business-specific information that connects management actions andvalue creation, helping readers to: Measure value accurately for more productive value-basedmanagement initiatives and evaluation of growth opportunities Apply a quantitative, risk-adjusted value management frameworkreconciled with the way financial services shares are valued by themarket Develop a value set specific to the industry to inspireinitiatives that increase the firm's value Study the quantitative and qualitative management frameworksthat move CFOs and CROs from measurement to management The roles of CFO and CRO in financial firms have changeddramatically over the past decade, requiring business savvy and theability to challenge the CEO. The Value Management Handbookprovides the expert guidance that leads CFOs and CROs toward betterinformation, better insight, and better decisions.

Author : Promitheas Peridis
Publisher : Springer Nature
Page : 455 pages
File Size : 47,8 Mb
Release : 2022-09-30
Category : Business & Economics
ISBN : 9783031134715

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Alternative Lending by Promitheas Peridis Pdf

The book covers alternative lending using the emergence of Debt Funds in the EU as a case study. The book explores the risks that they can pose to financial stability, and the regulatory and supervisory tools available to mitigate these risks. Through this analysis, the book uncovers the risks and potential risk mitigation tools that can be applied to the alternative lenders–including debt funds and other potential alternative lenders. After identifying the reasons behind the growth of alternative lenders (using as example the assets of Alternative Investment Funds (AIFs) and in particular debt funds) and the simultaneous decrease of the banks’ assets, the book analyses the systemic importance of the alternative lenders and the risk channels through which the systemic risk can spread to the banking sector and the financial system. Then, the book deals with the financial innovation-market failure theory and demonstrates that financial innovations (e.g. debt funds, securitisations) can cause market failures, resulting in regulatory interventions. Of interest to banking and financial regulation academics, researchers, and practitioners this book analyses the regulatory provisions in place for both credit institutions and debt funds, including the Basel Accords, the Capital Requirements Directives and Regulations, and the Alternative Investment Fund Managers Directive (AIFMD) and its implementation in various EU jurisdictions, before offering a proposal for a new three-defensive framework applicable to debt funds and to other potential alternative lenders.

Author : M. Pinedo,I. Walter
Publisher : Springer
Page : 646 pages
File Size : 44,7 Mb
Release : 2013-08-29
Category : Business & Economics
ISBN : 9781137328878

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Global Asset Management by M. Pinedo,I. Walter Pdf

This book focuses on all major aspects of the asset management industry including its regulations, strategies, processes, applied technologies and risks. It provides a serious resource for readers seeking greater depth and alternative opinions on specific industry developments, and breadth for specialists interested in the dynamics of the industry.

Author : Tom Filip Lesche
Publisher : Springer Nature
Page : 248 pages
File Size : 45,7 Mb
Release : 2021-06-28
Category : Business & Economics
ISBN : 9783658341824

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Too-Big-to-Fail in Banking by Tom Filip Lesche Pdf

This book provides a comprehensive summary of the latest academic research on the important topic of too-big-to-fail (TBTF) in banking. It explains TBTF from various perspectives including the range of regulatory measures proposed to counter TBTF, most notably the globally accepted regulation of global-systemically important banks (G-SIBs) and its main tool of capital surcharges. The empirical analysis quantifies the shareholder value of the G-SIB attribution by using quarterly observations from more than 750 global banks between Q2 2008 and Q3 2015. The main finding is that G-SIBs are confronted with a substantial relative valuation discount compared to non-G-SIBs. From the end of 2011 until the end of 2015, a stable discount of 0.6x–0.8x price-to-tangible common equity (P/TCE) is statistically highly significant. The results suggest that the G-SIB designation effect, which positively impacts G-SIBs’ share prices because of funding benefits from IGGs, is dominated by the regulatory G-SIB burden effect, which negatively impacts G-SIBs’ share prices because of lower profitability due to capital surcharges and other regulatory requirements placed on G-SIBs. The findings re-open the debate about whether breaking up G-SIBs would unlock shareholder value and whether G-SIBs are regulated efficiently.

Author : Karolina Daszyńska-Żygadło,Agnieszka Bem,Bożena Ryszawska,Erika Jáki,Taťána Hajdíková
Publisher : Springer Nature
Page : 359 pages
File Size : 41,5 Mb
Release : 2020-02-04
Category : Business & Economics
ISBN : 9783030344016

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Finance and Sustainability by Karolina Daszyńska-Żygadło,Agnieszka Bem,Bożena Ryszawska,Erika Jáki,Taťána Hajdíková Pdf

This volume presents the proceedings of the ZAFIN Finance and Sustainability conference, organized by the Wroclaw University of Economics in cooperation with Corvinus University of Budapest and the University of Economics in Prague. The contributing authors analyze a variety of issues concerning recent finance problems, including corporate finance, public finance, monetary and fiscal policy issues, and risk management. The book also addresses topics connected to sustainable finance, the transition to green economies, corporate sustainability and sustainable development. The target audience for this book includes researchers at universities and research and policy institutions, graduate students, and practitioners in economics and finance working for private or government institutions.

Author : Jean Dermine,Youssef F. Bissada
Publisher : Financial Times/Prentice Hall
Page : 0 pages
File Size : 46,7 Mb
Release : 2007
Category : Asset-liability management
ISBN : 027371001X

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Asset and Liability Management by Jean Dermine,Youssef F. Bissada Pdf

Written for a general business audiance, this is the first book on asset and liability management that emphasises both value creation and risk control.

Author : Dermine
Publisher : Tata McGraw-Hill Education
Page : 0 pages
File Size : 52,7 Mb
Release : 2009-12
Category : Electronic
ISBN : 0070683425

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Bank Valuation And Value Based by Dermine Pdf

In this thorough and innovative guide, acclaimed professor Jean Dermine presents his highly effective valuation model that enables institutional bank managers, bank regulators, and risk managers to assess and control both value creation and risk. With an insightfully global perspective, this thorough guidebook addresses such critical and timely bank management issues as Basel II and other capital management methods, securitization, resolution for non-performing loans and investments, and the measurement of interest rate risk.

Author : B. S. Kesavan
Publisher : Unknown
Page : 1916 pages
File Size : 43,8 Mb
Release : 2010
Category : India
ISBN : MINN:31951D03663573Z

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Indian National Bibliography by B. S. Kesavan Pdf

Author : Anonim
Publisher : Lulu.com
Page : 294 pages
File Size : 44,7 Mb
Release : 2004
Category : Bank capital
ISBN : 9789291316694

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International Convergence of Capital Measurement and Capital Standards by Anonim Pdf

Author : Stavros A. Zenios,William T. Ziemba
Publisher : Elsevier
Page : 685 pages
File Size : 42,7 Mb
Release : 2007-08-08
Category : Business & Economics
ISBN : 9780080548562

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Handbook of Asset and Liability Management by Stavros A. Zenios,William T. Ziemba Pdf

The Handbooks in Finance are intended to be a definitive source for comprehensive and accessible information in the field of finance. Each individual volume in the series presents an accurate self-contained survey of a sub-field of finance, suitable for use by finance and economics professors and lecturers, professional researchers, graduate students and as a teaching supplement. It is fitting that the series Handbooks in Finance devotes a handbook to Asset and Liability Management. Volume 2 focuses on applications and case studies in asset and liability management.The growth in knowledge about practical asset and liability modeling has followed the popularity of these models in diverse business settings. This volume portrays ALM in practice, in contrast to Volume 1, which addresses the theories and methodologies behind these models. In original articles practitioners and scholars describe and analyze models used in banking, insurance, money management, individual investor financial planning, pension funds, and social security. They put the traditional purpose of ALM, to control interest rate and liquidity risks, into rich and broad-minded frameworks. Readers interested in other business settings will find their discussions of financial institutions both instructive and revealing. * Focuses on pragmatic applications * Relevant to a variety of risk-management industries* Analyzes models used in most financial sectors

Author : B. S. Kesavan
Publisher : Unknown
Page : 712 pages
File Size : 51,6 Mb
Release : 2016-07
Category : India
ISBN : UIUC:30112101147855

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The Indian National Bibliography by B. S. Kesavan Pdf

Author : Mondher Bellalah
Publisher : World Scientific
Page : 645 pages
File Size : 52,9 Mb
Release : 2008
Category : Business & Economics
ISBN : 9789812770738

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Risk Management and Value by Mondher Bellalah Pdf

This book provides a comprehensive discussion of the issues related to risk, volatility, value and risk management. It includes a selection of the best papers presented at the Fourth International Finance Conference 2007, qualified by Professor James Heckman, the 2000 Nobel Prize Laureate in Economics, as a ?high level? one. The first half of the book examines ways to manage risk and compute value-at-risk for exchange risk associated to debt portfolios and portfolios of equity. It also covers the Basel II framework implementation and securitisation. The effects of volatility and risk on the valuation of financial assets are further studied in detail.The second half of the book is dedicated to the banking industry, banking competition on the credit market, banking risk and distress, market valuation, managerial risk taking, and value in the ICT activity. With its inclusion of new concepts and recent literature, academics and risk managers will want to read this book.