This author delves into the intricate workings of financial markets and institutional banking. Their writings offer profound insights into the complex mechanisms that govern global finance, characterized by precision and authority. Readers will appreciate the clarity with which complex concepts are explained. This work is essential for anyone seeking to navigate the contemporary financial landscape.
Focusing on the essential principles of banking and finance, this guide explores the challenges posed by competition, strategic planning, regulatory frameworks, and the impact of the digital era. It offers insights into navigating the evolving financial landscape, making it a crucial resource for professionals looking to adapt and thrive in a rapidly changing environment.
Focusing on responsible bank stewardship, this book offers a thorough exploration of best practices in the banking sector. It delves into the ethical obligations of financial institutions, emphasizing the importance of transparency, accountability, and sustainable practices. By addressing contemporary challenges and proposing actionable solutions, it serves as a vital resource for banking professionals and policymakers committed to fostering trust and integrity in financial systems.
The first comprehensive account of the European structured financial products marketThis comprehensive survey of the securitization market in Europe covers all asset-backed securities (the major classes and some nonconventional asset classes that have been securitized), residential and commercial mortgage-backed securities, collateralized debt obligations, and more.Frank J. Fabozzi, PhD, CFA, CPA (New Hope, PA), is the Frederick Frank Adjunct Professor of Finance in the School of Management at Yale University. Prior to joining the Yale faculty, he was a Visiting Professor of Finance in the Sloan School at MIT. Moorad Choudhry (Surrey, UK) is a Vice President in Structured Finance Services with JPMorgan Chase Bank.
This book is a detailed account of the instruments that are used in the corporate bond markets, from conventional "plain vanilla" bonds to hybrid instruments and structured products. There is background information on bond pricing and yield, as well as a detailed look at the yield curve. The book covers the full set of instruments used by companies to raise finance, and which are aimed at a wide range of investors. It also discusses the analysis of these instruments. Topics covered basics*The yield curve*Callable bonds*Convertible bonds*Eurobonds*Warrants*Commercial paper*Corporate bonds credit analysis*Securitisation*Asset-backed securities*Mortgage-backed securities*Collateralised Debt Obligations*Synthetic CDOsWritten by one of the leading names in the fixed income markets today, this book should prove to be an invaluable reference guide for all those with an interest in corporate bond markets, whether as practitioners, consultants or researchers.* Covers every major aspect of corporate credit markets* Features bond instruments as well as aspects of bond analysis* Covers conventional bonds as well as securitisation and structured financial products
