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Description:
"Dr Chorafas' book, based on his long experience of the subject matter, will...interest readers for the way in which it links credit and market risk issues, whilst also enlivening the text with examples from a wide range of real events."
From the Foreword by Alan Brown, Director, Group Risk, Barclays plc
Examine best and worst practice in the evaluation and management of credit risk with this authoritative text.
In two volumes, it discusses the different techniques that can be used to quantify and optimise credit risk management, evaluating their uses, limitations and solutions.
The first volume shows you how to:
- Understand the concepts of credit risk and the theory underpinning a management strategy
- Rate counterparty risk
- Explain the strengths and weaknesses of each approach.
- Integrate credit risk into the pricing of financial assets
- Use criteria, methods and tools to ensure your credit rating results are objective
- Use models in credit rating, including Standard and Poor's, Moody's and Fitch IBCA
- Understand credit volatility and market volatility and explain their impact on rating
An essential reference for senior people in the financial industry: bankers, traders, loans officers, treasurers, fund managers and other investors. |
