Counterparty credit risk the new challenge for global financial markets

The first decade of the 21st Century has been disastrous for financial institutions, derivatives and risk management. Counterparty credit risk has become the key element of financial risk management, highlighted by the bankruptcy of the investment bank Lehman Brothers and failure of other high profi...

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Bibliographic Details
Main Author: Gregory, Jon, Ph. D. (-)
Format: eBook
Language:Inglés
Published: Chichester, U.K. : Wiley c2010.
Edition:1st edition
Series:Wiley finance series.
Subjects:
See on Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009627777006719
Description
Summary:The first decade of the 21st Century has been disastrous for financial institutions, derivatives and risk management. Counterparty credit risk has become the key element of financial risk management, highlighted by the bankruptcy of the investment bank Lehman Brothers and failure of other high profile institutions such as Bear Sterns, AIG, Fannie Mae and Freddie Mac. The sudden realisation of extensive counterparty risks has severely compromised the health of global financial markets. Counterparty risk is now a key problem for all financial institutions. This book explains the emergence of c
Item Description:Description based upon print version of record.
Physical Description:1 online resource (450 p.)
Bibliography:Includes bibliographical references and index.
ISBN:9781283239516
9786613239518
9780470972724