Stress Testing (2nd edition) - Couverture souple

Iftekhar Hasan; David Lynch & Akhtar Siddique

Couverture souple

ISBN 10 : 1782723919 ISBN 13 : 9781782723912

Editeur : Risk Books

Synopsis

A financial institution's repertoire of tools has to be broad and dynamic in the post-crisis era. Stress testing has come a long way since the first edition, thinking has changed dramatically, and so the second edition of Stress Testing: Approaches, Methods and Applications has added chapters that address these refinements in thinking and deals with new topics such as pre-position net revenue. The authoritative guide and reference tool for stress testing, this book is essential for risk managers, regulators and consultants who want a clearer understanding of the methods, tools and uses of stress testing in different risk areas. Described as an industry in itself, stress testing constitutes an extensive element of financial institutions risk management and capital-adequacy assessments. Definitions of what constitutes stress testing and how stress testing should be used had been hard to pin down meaning it can be hard to benchmark one's own firm in this area. There is now a dearth of published information on stress testing approaches and it can be a time-consuming process working out which approach is best for your firm, often resulting in banks hiring expensive management consultants. The aim of this book is to help CROs, CFOs or those working in the treasury space to figure out which approach will be most appropriate. Offering insights and guidelines that expound the various approaches and highlights those most appropriate with regard to the guidance.

A propos du livre

À propos de l'auteur

Iftekhar Hasan is a university professor at Fordham University and holds the E. Gerald Corrigan Chair in Finance at the Gabelli School. He also serves as a scientific advisor at the Bank of Finland; is on the faculty at the University of Sydney, and is a research fellow at the Financial Institution Center at the Wharton School as well as at the IWH Institute in Halle, Germany. Iftekhar is the managing editor of the Journal of Financial Stability and has served as an associate editor for several other reputed academic journals. A Fulbright scholar and a Fulbright selector, he held visiting faculty positions at several research universities and has over 340 publications in print, including 16 books and edited volumes, and over 260 peer-reviewed journal articles in reputed academic outlets. Iftekhar is a recipient of the prestigious Changjiang Scholar award from the Chinese Education Ministry and received a Doctor Honoris Causa from the Romanian-American University in Bucharest. David Lynch is Deputy Associate Director for Quantitative Risk Management in Supervision and Regulation at the Board of Governors of the Federal Reserve. He joined the board in 2005, and his areas of responsibility include Volcker metrics, swap margin, and oversight of models for market risk capital and counterparty risk capital. David was a representative on the Risk Measurement Group of the Basel Committee on Banking Supervision, and is now a representative on the Market Risk Group, where he worked on the Fundamental Review of the Trading Book. He is an Associate Editor of the Journal of Financial Stability. David has worked at the US Securities and Exchange Commission in broker-dealer finance and in the economics department at the University of Mary Washington. He holds a PhD in economics from the University of Maryland. Akhtar Siddique works at the Office of the Comptroller of the Currency (OCC), where he helps manage a staff of financial economists who work on bank supervision, research and policy along with his own work in the same areas. He taught at the McDonough School of Business at Georgetown University after his PhD in finance from Duke University, and has continued to be involved in research and teaching in finance, including as a research professor at University College Dublin and a technical advisor to the International Monetary Fund, teaching short courses on subjects such as financial sector surveillance and financial development. Akhtar s research has spanned financial econometrics, financial institutions, capital adequacy, stress testing, asset pricing, corporate finance and numerical methods/optimisation. He has authored numerous papers published in numerous peer-reviewed journals and has been cited in publications such as New York Times, Forbes and USA Today.

Détails de l'édition

• Éditeur: Risk Books
• Langue: anglais
• ISBN 10: 1782723919
• ISBN 13: 9781782723912
• Reliure: Broché
• Numéro d'édition: 2
• Nombre de pages: 500
• Éditeur: By Iftekhar Hasan, David Lynch & Akhtar Siddique
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible