Description
Financial Markets and Institutionsoffers a unique analysis of the risks faced by investors and savers interacting through financial institutions and financial markets, as well as strategies that can be adopted for controlling and managing risks. Special emphasis is put on new areas of operations in financial markets and institutions such as asset securitization, off-balance-sheet activities, and globalization of financial services.
Topics Covered Include:
- Determinants of Interest Rates
- Interest Rates and Security Valuation
- The Federal Reserve System, Monetary Policy, and Interest Rates
- Money Markets
- Bond Markets
- Mortgage Markets
- Stock Markets
- Foreign Exchange Markets
- Derivative Securities Markets
- Commercial Banks: Industry Overview
- Commercial Banks Financial Statements and Analysis
- Regulation of Commercial Banks
- Other Lending Institutions: Savings Institutions, Credit Unions, and Finance Companies
- Insurance Companies
- Securities Firms and Investment Banks
- Mutual Funds and Hedge Funds
- Pension Funds
- Types of Risks Incurred by Financial Institutions
- Managing Credit Risk on the Balance Sheet
- Managing Liquidity Risk on the Balance Sheet
- Managing Interest Rate and Insolvency Risk on the Balance Sheet
- Managing Risk off the Balance Sheet with Derivative Securities
- Managing Risk off the Balance Sheet with Loan Sales and Securitization
