Risk expert James Gleason bypasses presents a down-to-earth, practical look at important new risk management tools and their uses. Gleason demonstrates how an improved understanding of risk provides a new paradigm for management. His exploration covers the full spectrum of financial risks that affects all players and offers practical solutions for overcoming typical challenges.
Risk expert James Gleason bypasses presents a down-to-earth, practical look at important new risk management tools and their uses. Gleason demonstrates how an improved understanding of risk provides a new paradigm for management. His exploration covers the full spectrum of financial risks that affects all players and offers practical solutions for overcoming typical challenges.
JAMES T. GLEASON, currently with IBM Consulting, has been a risk management consultant for more than fifteen years at firms that include Coopers & Lybrand and Arthur Andersen & Co. He has worked as an independent consultant to help implement risk management solutions at Citicorp, First National Bank of Chicago, ING-Barings (Netherlands), Rabobank (Netherlands), and other large companies. A contributor to Risk magazine, he resides in Darien, Connecticut.
Inhaltsangabe
Introduction. How This Book Is Organized. Risk Management Transparency. The Spectrum of Risks Chart.
Section I THE RISKS AND THEIR CONTOURS.
1. Global Risk Management's Emergence. Technology and Communications. Quantitative Models. Dealers in Flux, Too. Major Messages in This Book. Wrap-Up.
2. The Full Spectrum of Risks. Operational Risk. Other Nonfinancial Risks. Wrap-Up.
3.The Contours of Financial Risk. Funding Risk: The Primal Arc. Markets and Risk. Basis Risk. Alternative Views an Insights. New Measurement Tools and Management Techniques. Credit Risk. The Contours of Credit Risk. Portfolio Risk. Our Journey Wrap-Up
10.Credit Risk Management for Trading. The Variable Exposure Problem. Pre-Settlement and Settlement Risk. Monte Carlo Simulation. Credit Risk versus Exposure. Credit Limit Problems. Charging for Credit. Systemic Concerns. Wrap-Up.
11. Credit Risk Management for Traditional Lending. The Traditional Credit Process: Commercial Loans. Competition and Change to the Process. Summary of Changes to the Process. The Prior Models for Credit Risk. The New Models for Credit Risk. Case Study: Bank of Montreal. Credit Market Trends. Wrap-Up.
Section IV RISK IN PORTFOLIOS
12. Market Risk in Portfolios. Portfolio Risk Measures: Their Evolution. Forecasting for VaR. VaR Summary. Stress Testing. The Lessons of 1998. Wrap-Up.
13. Simulation. Case Study: Global Oil Co. Wrap-Up.
Section V DEVELOPING A GLOBAL RISK MANAGEMENTPROCESS.
14. Risk Management: The Vision and the Reality. The Vision for Risk Management: Go Global. The Reality at Global Financial Institutions. Wrap-Up.
15. The Global Risk Management Development Model. Management Direction. Risk Management Development Projects. Integrating with the Operating. Infrastructure. Wrap-Up
16.Developing GRM: What Works, What Doesn't. The Chase Example. Features of Success. Pitfalls to Avoid. Wrap-Up.
Conclusion. The Ten Commandments for Going Global with Risk. Appendix: Financial Risk Definitions. Notes. Index.
Introduction. How This Book Is Organized. Risk Management Transparency. The Spectrum of Risks Chart.
Section I THE RISKS AND THEIR CONTOURS.
1. Global Risk Management's Emergence. Technology and Communications. Quantitative Models. Dealers in Flux, Too. Major Messages in This Book. Wrap-Up.
2. The Full Spectrum of Risks. Operational Risk. Other Nonfinancial Risks. Wrap-Up.
3.The Contours of Financial Risk. Funding Risk: The Primal Arc. Markets and Risk. Basis Risk. Alternative Views an Insights. New Measurement Tools and Management Techniques. Credit Risk. The Contours of Credit Risk. Portfolio Risk. Our Journey Wrap-Up
10.Credit Risk Management for Trading. The Variable Exposure Problem. Pre-Settlement and Settlement Risk. Monte Carlo Simulation. Credit Risk versus Exposure. Credit Limit Problems. Charging for Credit. Systemic Concerns. Wrap-Up.
11. Credit Risk Management for Traditional Lending. The Traditional Credit Process: Commercial Loans. Competition and Change to the Process. Summary of Changes to the Process. The Prior Models for Credit Risk. The New Models for Credit Risk. Case Study: Bank of Montreal. Credit Market Trends. Wrap-Up.
Section IV RISK IN PORTFOLIOS
12. Market Risk in Portfolios. Portfolio Risk Measures: Their Evolution. Forecasting for VaR. VaR Summary. Stress Testing. The Lessons of 1998. Wrap-Up.
13. Simulation. Case Study: Global Oil Co. Wrap-Up.
Section V DEVELOPING A GLOBAL RISK MANAGEMENTPROCESS.
14. Risk Management: The Vision and the Reality. The Vision for Risk Management: Go Global. The Reality at Global Financial Institutions. Wrap-Up.
15. The Global Risk Management Development Model. Management Direction. Risk Management Development Projects. Integrating with the Operating. Infrastructure. Wrap-Up
16.Developing GRM: What Works, What Doesn't. The Chase Example. Features of Success. Pitfalls to Avoid. Wrap-Up.
Conclusion. The Ten Commandments for Going Global with Risk. Appendix: Financial Risk Definitions. Notes. Index.
Rezensionen
"Written in a clear, accessible style, Risk: The NewManagement Imperative in Finance should be compulsory readingfor directors, senior management, and all who are responsiblefor risk management. This book is an important addition to riskmanagement literature." - Stuart M. Turnbull Vice President, Market Risk Management Division Canadian Imperial Bank of Commerce
". . . takes us through the fundamentals of global risk management,destroys the sacred cows, cuts through the fog of financial jargon,and exposes a landscape of leverage and derivatives wherelightening-speed transactions have far outstripped the capacity ofour regulatory institutions to understand--let alone regulate--effectively." - Peter C. Goldmark Jr. Chairman and CEO, International Herald Tribune
"The advice given in the section entitled 'Developing a Global RiskManagement Process,' culminating in the ten commandments for goingglobal with risk, should be mandatory reading for anymanager contemplating the development of such a system." - Dr. David Lawrence Head of Risk Analytics, Citibank London
"Mr. Gleason writes with great clarity. He has the rareability to discuss financial matters without resorting totrade jargon. This book is a must for all students of currentfinancial risk and markets." - Brian J. Ranson Senior Vice President, Bank of Montreal
Es gelten unsere Allgemeinen Geschäftsbedingungen: www.buecher.de/agb
Impressum
www.buecher.de ist ein Shop der buecher.de GmbH & Co. KG Bürgermeister-Wegele-Str. 12, 86167 Augsburg Amtsgericht Augsburg HRA 13309
