by
Saita, Francesco.
Call Number
332.66 22
Publication Date
2007
Summary
While the highly technical measurement techniques and methodologies of Value at Risk have attracted huge interest, much less attention has been focused on how Value at Risk and the risk-adjusted performance measures such as RAROC or economic profit/EVA can be effectively used to improve a bank's decision making processes. Academic books are typically concerned primarily with measurement techniques, and devote only a small section to describing the applications, usually without discussing the problems that changing organizational processes in banks may have on business units' behaviour. PractitionersŁŒ books are often based on a single experience, presenting the approach that has been pursued by a single bank, but often do not adequately evaluate that approach. In actual practice, the choice of how to use Value at Risk and risk-adjusted performance measures has no single optimal solution, but requires effective decision making that can identify the solution that is consistent with the bank's style of management and coordination mechanisms, and often with characteristics of individual business units as well. In this book, Francesco Saita of Bocconi University argues that even though risk measurement techniques have greatly improved in recent years for market, credit and now also operational risk, capital management and capital allocation decisions are far from becoming purely technical and mechanical. On one hand, decisions about capital management must consider handling different capital constraints (e.g. regulatory vs. economic capital) and face remarkable difficulties in providing a measure of aggregated· Value at Risk (i.e. a measure that considers the overall value at risk of the bank after diversification across risk types). On the other hand, the aim of using capital more efficiently through capital allocation cannot be achieved only through a sort of centralized asset allocation process, but rather by designing a Value at Risk limit system and a risk-adjusted performance measurement system that are designed to provide the right incentives to individual business units. This connection between sophisticated and cutting edge risk measurement techniques and practical bank decision making about capital management and capital allocation make this book unique and provide readers with a depth of academic and theoretical expertise combined with practical and real-world understanding of bank structure, organizational constraints, and decisionmaking processes. *Contains concise, expert analysis of the latest technical VaR measures but without the highly mathematical component of other books *Discusses practical applications of these measures in the real world of banking, focusing on effective decision making for capital management and allocation *Author is based at Bocconi University in Milan, Italy, one of the foremost institutions for banking in Europe.
Format:
Electronic Resources
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126781.5859
by
Asian Development Bank.
Call Number
333.9130954 22
Publication Date
2008
Format:
Electronic Resources
Relevance:
109795.0625
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by
Strang, David.
Call Number
332.150684 22
Publication Date
2010
Summary
In business, as in other aspects of life, we learn and grow from the examples set by others. Imitation can lead to innovation. But in order to grow innovatively, how do businesses decide what firms to imitate? And how do they choose what practices to follow? Learning by Example takes an unprecedented look at the benchmarking initiative of a major financial institution. David Strang closely follows twenty-one teams of managers sent out to observe the practices of other companies in order to develop recommendations for change in their own organization. Through extensive interviews, surveys, and.
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Electronic Resources
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2.3258
by
Rosas, Guillermo, 1971-
Call Number
338.542 22
Publication Date
2009
Format:
Electronic Resources
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2.0999
by
Greenbaum, Stuart I.
Call Number
332.10973 22
Publication Date
2007
Summary
Stuart Greenbaum and Anjan Thakor bring a unique analytical approach to the subject of banks and banking in this completely revised and updated new edition. They expand the scope of the typical bank management course by addressing all types of deposit-type financial institutions and by explaining the why of intermediation rather than simply describing institutions, regulations, and market phenomena. This analytic approach strikes at the heart of financial intermediation by explaining why financial intermediaries exist and what they do. Specific regulations, economies, and policies will change,
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Electronic Resources
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1.6738
by
ClickView (Firm)
Call Number
XX(304701.1)
Summary
This video, 4 Ways to Take Back Control, provides powerful strategies to tackle the unsettled feelings resulting from turbulent times, disruption, competing demands and feeling at the mercy of events beyond your control. You will discover that in the midst of unsettling change and worry about the future, it is possible to take back control of your mindset, work environment and circumstances. Psychologist Peter Quarry prescribes four ways to take back control of your life: assess your level of control; develop an 'I'm in control' mindset; assert control in your work environment; and stay in the challenge zone.
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Other
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0.1625
by
Banu, Rajesh.
Call Number
664
Publication Date
2020
Format:
Electronic Resources
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0.1598
by
Owton, Avril.
Call Number
658.812
Publication Date
2011
Summary
The Business on a Shoestring series helps small business owners grow their business imaginatively, effectively and without spending a fortune. Aimed at entrepreneurs with plenty of vision and commitment but not a lot of cash, each book is packed with ideas that really work, real-life examples, step-by-step advice and sources of further information. Your relationship with your customers is probably one of the most important you'll ever have. No business can survive without them, but reaching customers in the first place is a big challenge for small companies. This revised edition offers invalua
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0.1474
by
WetFeet (Firm)
Call Number
332.1 22
Publication Date
2009
Format:
Electronic Resources
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0.1474
by
Victoria. TAFE Open Training Services.
Call Number
647.95071 ASS
Publication Date
1998 1995
Format:
Books
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0.1443
by
Chorafas, Dimitris N.
Call Number
332.632 22
Publication Date
2006
Format:
Electronic Resources
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0.1401
by
Publishing, BusinessNews.
Call Number
658.812
Publication Date
2013
Summary
Complete summary of Lewis Carbone's book: "Clued In: How to Keep Customers Coming Back Again and Again". This summary of the ideas from Lewis Carbone's book "Clued In" shows how all business exist for two reasons: to make money and to win customers. In his book, Lewis Carbone explains that most industries have focused more on the money-making side in recent years, but the key is not to sell customers more products and services, but to provide them with a distinctive and well-engineered service. In this summary, the author explains how to look for opportunities to enhance your value proposition by developing internal systems to design, manage, deliver and leverage the total customer experience. Added-value of this summary: ⢠Save time ⢠Understand key concepts ⢠Expand your knowledge To learn more, read "Clued In" and discover the key to making your current customers loyal forever.
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Electronic Resources
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0.1383
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