The Standard & Poor's Guide to Measuring and Managing Credit Risk
| Author | : | |
| Rating | : | 4.72 (810 Votes) |
| Asin | : | 0071417559 |
| Format Type | : | paperback |
| Number of Pages | : | 388 Pages |
| Publish Date | : | 2013-06-07 |
| Language | : | English |
DESCRIPTION:
"Much more details desired" according to cq. Only read chapter Much more details desired Only read chapter 3 "Default Risk: Quantitative Methodologies" as part of FRM curriculum - so the comments below are only limited to that.The text was not clearly written. The x-axis ans y-axis of many charts are left for readers to guess themselves. Some typos make it confusing. The book is not for you if you want to understand the details and start following some of these quantitative methods. May have some value for a survey of the area of credit risk measurement and management.. "Default Risk: Quantitative Methodologies" as part of FRM curriculum - so the comments below are only limited to that.The text was not clearly written. The x-axis ans y-axis of many charts are left for readers to guess themselves. Some typos make it confusing. The book is not for you if you want to understand the details and start following some of these quantitative methods. May have some value for a survey of the area of credit risk measurement and management.. a complete, robust and comprehensive valuable resource! In Measuring and Managing Credit Risk, the authors provided a robust, complete and comprehensive treatment of several aspects of modern credit risk measurement and management. Written by two high talented practitioners, this book will become certainly a reference both for academics and practitioners thanks to its careful treatment of several not so known empirical issues which practitioners have to face everyday. At the same time, do not consider the book as a new recipes book for managing credit risk. Both authors already proved their deep knowledges of financial theory and establish once again, . Very good book on credit risk George It is a very thorough yet not overloading book. It is more about the essence of credit risk rather than about regulation Although there is a part on regulation, some parts of it are outdated as it supposed to be - regulation is changing. The essence stays the same.Authors achieved a very good balance between mathematical and descriptive parts. Some heavy math is put in Appendices, which makes it really easy to read the book while choosing where you want to go into depth.Summaries and side-by-side comparisons of different models are just wonderful.Correlations issues are properly addressed.This boo
Prior to joining Standard and Poor's, Olivier was a lecturer on finance at the London School of Economics where he taught derivatives and risk.. Arnaud de Servigny, Ph.D., is the head of Quantitative Analytics for Standard & Poor's. A popular speaker at conferences and seminars throughout Europe, de Servigny is the author of a number of books and article
Today's most complete, up-to-date reference for controlling credit risk exposure of all types, in every environmentMeasuring 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-minute 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 &l
From the Back CoverState-of-the-art tools and techniques for controlling credit risk exposure of all types, in every environmentThe oldest risk in world financial markets--credit risk--has become a leading source of problems and confusion, not just for bankers and investors but for all finance professionals. The economics, pricing, structuring and capital allocation aspects are artfully combined into a coherent whole."--Jamil Baz, Global Head of Fixed Income Research, Deutsche Bank"This is much more than just a 'ho