Golin / Delhaise The Bank Credit Analysis Handbook

A Guide for Analysts, Bankers and Investors
2. Auflage 2013
ISBN: 978-0-470-82943-1
Verlag: John Wiley & Sons
Format: PDF
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 944 Seiten, E-Book

Reihe: Wiley Finance Editions

A hands-on guide to the theory and practice of bank credit analysis and ratings
In this revised edition, Jonathan Golin and Philippe Delhaise expand on the role of bank credit analysts and the methodology of their practice. Offering investors and practitioners an insider's perspective on how rating agencies assign all-important credit ratings to banks, the book is updated to reflect today's environment of increased oversight and demands for greater transparency. It includes international case studies of bank credit analysis, suggestions and insights for understanding and complying with the Basel Accords, techniques for reviewing asset quality on both quantitative and qualitative bases, explores the restructuring of distressed banks, and much more.
* Features charts, graphs, and spreadsheet illustrations to further explain topics discussed in the text
* Includes international case studies from North America, Asia, and Europe that offer readers a global perspective
* Offers coverage of the Basel Accords on Capital Adequacy and Liquidity and shares the authors' view that a bank could be compliant under those and other regulations without being creditworthy
A uniquely practical guide to bank credit analysis as it is currently practiced around the world, The Bank Credit Analysis Handbook, Second Edition is a must-have resource for equity analysts, credit analysts, and bankers, as well as wealth managers and investors.

Autoren/Hrsg.

Golin, Jonathan

Delhaise, Philippe

Inhaltsverzeichnis

Preface to the New Edition vii
CHAPTER 1 The Credit Decision 1
CHAPTER 2 The Credit Analyst 37
CHAPTER 3 The Business of Banking 87
CHAPTER 4 Deconstructing the Bank Income Statement 155
CHAPTER 5 Deconstructing a Bank's Balance Sheet 215
CHAPTER 6 Earnings and Profitability 261
CHAPTER 7 Asset Quality 337
CHAPTER 8 Management and Corporate Governance 415
CHAPTER 9 Capital 449
CHAPTER 10 Liquidity 493
CHAPTER 11 Country and Sovereign Risk 551
CHAPTER 12 Risk Management, Basel Accords, and Ratings 641
CHAPTER 13 The Banking Regulatory Regime 717
CHAPTER 14 Crises: Banking, Financial, Twin, Economic, Debt,Sovereign, and Policy Crises 781
CHAPTER 15 The Resolution of Banking Crises 847
About the Authors 907
Index 909

Über Autor(innen)

JONATHAN GOLIN, a graduate of Berkeley and Harvard LawSchool, has more than fifteen years' experience in the financialsector. He worked at the Economist Intelligence Unit and as acredit analyst at Tokai Asia in Hong Kong before joining ThomsonBankWatch Asia in 1997, a specialist rating agency. After BankWatchwas absorbed by Fitch Ratings in 2000, Jonathan wrote the firstedition of The Bank Credit Analysis Handbook (2002).Subsequently, he relocated to London and established his own bankcredit research and training consultancy. Clients includedRabobank, Genworth Financial, Euromoney Training, the AfricanDevelopment Bank, and the Malaysia Deposit Insurance Corporation.More recently, Jonathan was employed by the UK's main bankregulator, the Financial Services Authority (FSA) as a riskspecialist. Other books in which he had a lead role includeCapital Flows Along the Mekong: The Complete Guide toInvesting in Cambodia, Laos, Myanmar, and Vietnam (1995) andCovered Bonds beyond Pfandbriefe: Innovations, Investment andStructured Alternatives (2006).
PHILIPPE DELHAISE, PhD, is the founder of CapitalInformation Services and the Carbon Management Consulting Group. Hewas the President of the Asia Division of Thomson BankWatch, andserved as an adjunct professor of finance at City University ofHong Kong. Philippe Delhaise is a graduate of the University ofLouvain (Belgium), with degrees in engineering, philosophy, andeconomics, and a graduate of the University of Chicago Booth Schoolof Business. He is currently the President of CTRisks Rating, alicensed rating agency in Hong Kong. In 1998, Wiley publishedDelhaise's well-received book on the 1997 banking crisis in Asia:Asia in Crisis: The Implosion of the Banking and FinanceSystems.