Articles liés à Credit Derivatives and Credit Rating: Managing credit...

Credit Derivatives and Credit Rating: Managing credit risk with credit derivatives and the role of rating agencies in rating structured finance products - Couverture souple

Di Carlo, Mario

 
9783659458439: Credit Derivatives and Credit Rating: Managing credit risk with credit derivatives and the role of rating agencies in rating structured finance products
Couverture souple
ISBN 10 : 3659458430 ISBN 13 : 9783659458439
Editeur : LAP LAMBERT Academic Publishing, 2013

Synopsis

The latest financial crisis highlighted several problems with credit derivatives and raised questions about the effectiveness of Credit Rating Agencies’ (CRAs) assessment of risks in rating complex financial products such as Collateralized Debt Obligation (CDO). Credit derivatives provided a powerful new tool for managing credit risk that had the potential to facilitate risk-sharing, enhance the efficiency of risk management and promote market completeness. Measuring the exposure taken on a credit derivative contract can be very difficult. As a result market participants have rely on credit ratings as a source of information to assess the risk of their derivative transactions. During the latest crisis the role of the major credit rating agencies have come under increased scrutiny. This work, after the introduction of credit risk, provides an overview of credit derivatives instruments and explain the central role that rating and credit rating agencies play in the financial markets. Moreover, it highlights the criticism of credit rating agencies in rating structured finance products and provide an in-depth view of the CDO rating methodologies.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

À propos de l'auteur

Dr. Mario Di Carlo has obtained is Master Degree in Banking and Finance in July 2010, with a thesis on Liquidity Risk Measurement and Management. Since then he decided to move from fundamental research in risk management and investment analysis in banking.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
LAP LAMBERT Academic Publishing
Date d'édition
2013
Langue
anglais
ISBN 10 
3659458430
ISBN 13 
9783659458439
Reliure
Broché
Nombre de pages
180
Coordonnées du fabricant
non disponible
Personne responsable
KreGa Onlinehandel GmbH
4950000000000
info@krega-onlinehandel.de

Birkenweg 31
Brakel
33034
Allemagne