The Standard & Poor’s Guide to Measuring and Managing Credit Risk

Amazon.com Price: $37.08 (as of 11/10/2019 13:21 PST- Details)

Description

Today’s most complete, up-to-date reference for controlling credit risk exposure of all types, in every environment

Measuring and Managing Credit Risk takes you far beyond the Basel guidelines to detail a powerful, proven program for understanding and controlling your firm’s credit risk. Providing hands-on answers on practical topics from capital management to correlations, and supporting its theories with up to the moment data and insights, this authoritative book examines every key aspect of credit risk, including:

  • Determinants of credit risk and pricing/spread implications
  • Quantitative models for moving beyond Altman’s Z score to separate “good” borrowers from “bad”
  • Key determinants of loss given default, and potential links between recovery rates and probabilities of default
  • Measures of dependency including linear correlation, and the have an effect on of correlation on portfolio losses
  • A detailed review of five of today’s most well liked portfolio models―CreditMetrics, CreditPortfolioView, Portfolio Risk Tracker, CreditRisk+, and Portfolio Manager
  • How credit risk is reflected in the prices and yields of individual securities
  • How derivatives and securitization instruments can be utilized to transfer and repackage credit risk

Today’s credit risk measurement and management tools and techniques provide organizations with dramatically improved strength and flexibility, not only in mitigating risk but also in bettering overall financial performance. Measuring and Managing Credit Risk introduces and explores each of these tools, together with the swiftly evolving global credit environment, to provide bankers and other financial decision-makers with the know-how to steer clear of over the top credit risk where conceivable―and mitigate it when necessary.

Home » Shop » Books » Specialty Boutique » New, Used and Rental Textbooks » Science and Mathematics » Mathematics » Applied » The Standard & Poor’s Guide to Measuring and Managing Credit Risk

Recent Products