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Risk Management and Financial Institutions

Description

Based on one of the most popular MBA courses at University of Toronto entitled “Financial Risk Management”, this text focuses on the ways banks and other financial institutions measure market, credit and operational risk.  John C. Hull, author of the book “Options, Futures, and Other Derivatives” which became the standard reference text for traders, wrote “Risk Management and Financial Institutions” for use in instruction as well as trade. The practical nature of the book lends itself to a “this is how you do it” presentation style that includes excellent account of the new Basel II regulatory requirements for banks effective in 2007. 

Keywords

Hedge Risk Interest rate risk volatility correlation Copulas Bank regulation VaR Market risk VaR Credit risk Credit derivatives Operational risk Model risk liquidity risk Economic capital RAROC Liquidity risk

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