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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| Format: | eBook |
| Language: | English |
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Chichester, West Sussex
Wiley
2010
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| Series: | Wiley finance series
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| Online Access: | |
| Collection: | O'Reilly - Collection details see MPG.ReNa |
| 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 cou |
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| Physical Description: | xxiv, 424 pages illustrations |
| ISBN: | 1283239515 9786613239518 0470972726 9780470689998 9781283239516 9780470972724 0470689994 |