{"title":"Corporate risk","description":"\u003cp\u003eProducts tagged with \"Corporate risk\"\u003c\/p\u003e","products":[{"product_id":"corprisk2","title":"The Handbook of Corporate Financial Risk (2nd edition)","description":"\u003cp\u003eBNP Paribas Stanley Myint and Fabrice Famery return to author the eagerly-awaited follow-up to their 2012, five-star, bestseller The Handbook of Corporate Financial Risk Management. Much has changed in the world of corporate risk since 2012 and the authors have fully updated the second edition to reflect this, adding 20 new chapters and dropping 12 chapters that did not seem relevant to today's readers.\u003c\/p\u003e\r\n\u003cp\u003eThe focus of the book is the management of financial risks i.e, funding, interest rate and inflation, currency, credit, commodity and equity risks. This book is primarily about corporate problems and how to solve them. Myint and Famery posit that the key question is not what kind of product is used, but how it is used.\u003c\/p\u003e\r\n\u003cp\u003eThis book is targeted to everyone who is interested in the subject of corporate risk management, and in particular four groups of readers: 1. corporate treasurers, CFOs, CROs, CEOs, financial directors, Treasury dealers; 2. management consultants, pension consultants and any other company advisors on the subject of risk; 3. corporate bankers, coverage officers, corporate financiers, private equity investors, capital markets and derivatives marketers covering non-financial companies; and 4. academics and students in the field of corporate risk management.\u003c\/p\u003e\r\n\u003cp\u003eAs with the first edition, the book is based on real-life client discussions had in the risk management advisory team at BNP Paribas between 2005 and 2018. Common questions and problems regarding risk management and capital structure, raised by CFOs and corporate treasurers alike, are rarely addressed by the existing literature and the aim of this book is to lead to a fruitful collaboration between companies and their banks and aid in solving those common questions and problems, based on the outcomes from real-life scenarios.\u003c\/p\u003e\r\n\u003cp\u003eThe reader will find here answers to the most commonly-asked practical questions about financial risk. Some of the situations will be brief (eg, how to obtain a credit rating) and some will require a significant amount of thought and detailed quantitative analysis (eg, how to improve your fixed\/floating mix and duration), but all are based on real-life situations.\u003c\/p\u003e\r\n\u003cp\u003eThe book is divided into seven parts:\u003c\/p\u003e\r\n\u003cp\u003ePart I deals with a variety of issues related to corporate funding via fixed income instruments, with a particular focus on unsecured debt.\u003c\/p\u003e\r\n\u003cp\u003ePart II deals with the next set of issues once the corporate debt structure is in place: interest rate risk on the debt side of the balance sheet and that of assets and liabilities.\u003c\/p\u003e\r\n\u003cp\u003ePart III is devoted to the management of currency risk, the most common risk affecting companies.\u003c\/p\u003e\r\n\u003cp\u003ePart IV deals with credit risk i.e, the risk of default by financial counterparties.\u003c\/p\u003e\r\n\u003cp\u003ePart V covers risk management within the context of mergers and acquisitions.\u003c\/p\u003e\r\n\u003cp\u003ePart VI is focused on commodity risk management.\u003c\/p\u003e\r\n\u003cp\u003ePart VII (new in the second edition) covers the management of risk related to listed equities, via what is known as strategic equity solutions.\u003c\/p\u003e\r\n\u003cp\u003eDepending on your interest, you can read this book either by part or by topic covered, or simply dip into individual chapters in any order.\u003c\/p\u003e","brand":"Risk Books","offers":[{"title":"Default Title","offer_id":51232497926486,"sku":"9781782724162","price":99.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0904\/4433\/3398\/files\/thocfrm_bnpp-2d_2nded-crop-616-pixels.png?v=1751976499"},{"product_id":"global-macro-theory-and-practice","title":"Global Macro","description":"\u003cp\u003eGlobal macro is a hedge fund strategy that bases its holdings - such as long and short positions in various equity, fixed income, currency, and commodities markets - primarily on top-down macroeconomic and political views of individual countries and asset classes.\u003cbr\u003e\u003cbr\u003eIn the aftermath of the global financial crisis of 2007-09, global macro was one of the few investment strategies that delivered positive returns. Since then global markets have been driven almost solely by macroeconomic decision making; more so than at any time in recent years.  Global Macro: Theory and Practice, edited by industry expert Andrew Rozanov, is the first comprehensive handbook and authoritative guide focusing exclusively on global macro strategies, designed for use by investment professionals involved in constructing and managing institutional portfolios.\u003cbr\u003e\u003cbr\u003eThe book examines different strategies within the global macro sector, focusing on their unique risk-return characteristics and their role and place in an institutional portfolio.  With contributions from a cross section of leading industry practitioners, chapters include:\u003c\/p\u003e\r\n\u003cul\u003e\r\n\u003cli\u003eThe Role of a Global Macro Strategist\u003c\/li\u003e\r\n\u003cli\u003eEmerging Markets in Global Macro Investing\u003c\/li\u003e\r\n\u003cli\u003eA Prime Broker’s Perspective\u003c\/li\u003e\r\n\u003cli\u003eSystematic Strategies: A Quantitative Approach to Global Macro\u003c\/li\u003e\r\n\u003cli\u003eA Fund of Hedge Fund’s Perspective\u003c\/li\u003e\r\n\u003c\/ul\u003e\r\n\u003cdiv\u003e\r\n\u003cp\u003eThe authoritative guide and reference tool for global macro investing, this book is essential for anyone who wants to be better informed when they make their asset allocation, portfolio construction and hedge fund selection decisions.\u003c\/p\u003e\r\n\u003c\/div\u003e","brand":"Risk Books","offers":[{"title":"Default Title","offer_id":50769948180822,"sku":"9781906348908","price":145.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0904\/4433\/3398\/files\/gm-sponsor-permal-2d-crop-616pix.png?v=1751977226"},{"product_id":"managing-systemic-exposure-a-risk-management-framework-for-sifis-and-their-markets","title":"Managing Systemic Exposure","description":"\u003cp\u003eGain an understanding of specific issues that will make or break a systemic bank over the next few years. This book will guide you in the setting of risk sensitive limits and pricing across your SIFI exposures and the specific economic capital implications of doing business on the wholesale markets will be quantified.\u003c\/p\u003e\r\n\u003cdiv class=\"std\"\u003e\r\n\u003cp\u003eSystemically important financial institutions (SIFIs) have become the focus of legislation and regulatory reform due to issues concerning their consolidated supervision and regulation following the recent financial crisis.  Until the crisis, exposures to systemic entities had been assumed to be largely risk free and wholesale financial markets thrived on large volumes of bilateral activity among the main institutions. This system broke down back in 2007-08 and these institutions have become more reluctant to deal with each other.\u003c\/p\u003e\r\n\u003c\/div\u003e","brand":"Risk Books","offers":[{"title":"Default Title","offer_id":50769959584086,"sku":"9781782720102","price":70.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0904\/4433\/3398\/files\/mse-2d-crop-616pix.png?v=1751977392"},{"product_id":"data-science-in-economics-and-finance","title":"Data Science in Economics and Finance for Decision Makers","description":"\u003cp\u003e\u003ciframe src=\"https:\/\/player.fireside.fm\/v2\/6R7yoes5+hNTT-DaI?theme=dark\" width=\"740\" height=\"200\" frameborder=\"0\" scrolling=\"no\"\u003e\u003c\/iframe\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cem\u003e“Economies are complex, adaptive systems full of heterogeneous agents [and markets] whose interactions have thus far been almost impossible to discern.” \u003c\/em\u003eWith the advent of digitalization  or digital evolution (disruption), digital data and rapidly-developing technology are beginning to totally transform the worlds of finance and economics, and society at large.   The new world of Fintech has emerged, disrupting traditional banking and finance and it can no longer be ignored.    \u003c\/p\u003e\r\n\u003cp\u003e\u003cem\u003eData Science in Economics and Finance\u003c\/em\u003e provides an overview of how digital transformation and data science can \u003cem\u003esupport\u003c\/em\u003e decision-making under uncertainty and provides multiple perspectives on managing digital data. Split into four sections this title offers essential insights both to practitioners of data-science tools and techniques as well as to policymakers, who are increasingly dependent on the use of digital data for aiding sustainable decisions for the collective benefit of society.\u003c\/p\u003e\r\n\u003cul\u003e\r\n\u003cli\u003e\n\u003cstrong\u003ePart I: data science and quality in economics and finance\u003c\/strong\u003e: A broad overview of digitalization and digital transformation in economics and finance covering both their potential and challenges.\u003c\/li\u003e\r\n\u003cli\u003e\n\u003cstrong\u003ePart II: data science techniques: \u003c\/strong\u003eDescribes the core concepts of data science tools and techniques, including machine learning, AI, network analysis and the expression of digital data using visual techniques.\u003c\/li\u003e\r\n\u003cli\u003e\n\u003cstrong\u003ePart III: data: from the experimental to generating insights:\u003c\/strong\u003e Provides an overview of the challenges of building data science infrastructures and provides several “big data” case studies in the public, private and academic sectors.\u003c\/li\u003e\r\n\u003cli\u003e\n\u003cstrong\u003ePart IV: digital data vision and the social benefits of big data: \u003c\/strong\u003eSets out a vision for the free movement of digital data, and discusses the challenges for legal enablers, journalists and a human-centric approach to AI.\u003c\/li\u003e\r\n\u003c\/ul\u003e\r\n\u003cp\u003e \u003c\/p\u003e\r\n\u003cp\u003e\u003cem\u003eData Science in Economics and Finance\u003c\/em\u003e not only explores new techniques and tools which advance our understanding of systemic processes, such as AI, but also thoughtfully assesses the inadequacies and challenges put forth by the digital revolution, described as a “‘how to’ guide to the future of data and modelling” that will stimulate economists, statisticians, data scientists, central bankers, financial-market participants, regulators, Fintech firms and any decision-makers.”\u003c\/p\u003e","brand":"Risk Books","offers":[{"title":"Default Title","offer_id":50769984291158,"sku":"9781782723943","price":145.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0904\/4433\/3398\/files\/dsieaffdm-2d-411x616pixels.png?v=1751977954"},{"product_id":"the-cecl-handbook-a-practitioners-guide","title":"The CECL Handbook: A Practitioner's Guide","description":"\u003cp\u003eThe CECL model implementation requirement arguably represents one of the most influential changes to accounting standards which financial institutions have ever seen. The new standard may upend many business areas within an organisation, affecting loan origination, commercial policies, and portfolio strategy and management, to name but a few.\u003c\/p\u003e\r\n\u003cp\u003eFinancial institutions have to implement the CECL accounting standard by January 1, 2023. \u003cem\u003eThe CECL Handbook; A Practitioner’s Guide\u003c\/em\u003e is \u003cem\u003ethe\u003c\/em\u003e reference book for 2023 adopters and a great training manual for staff within banks that have already adopted.\u003c\/p\u003e\r\n\u003cp\u003eThe team of editors – comprising several senior directors from Moody’s Analytics – Masha Muzyka; Laurent Birade; Yashan Wang; and former head of Research, Jing Zhang, have brought together a unique group of experts experienced in preparing and implementing the new CECL model.\u003c\/p\u003e\r\n\u003cp\u003eSet out over three sections this book provides a comprehensive instructional guide, covering key assumptions, requirements and challenges for different asset types as well as different stakeholders in the process such as auditors, management, investment analysts and regulators. 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