This book takes you on a journey through post-crisis regulatory reform, highlighting the unintended consequences of some of the measures on transaction banking, a business that provides the backbone of financial markets.

Take control of your investment decisions The investment industry is in a state of inertia. Recent events highlight an overreliance on mathematical foundations and flawed investment models. Investors need to find new paths to effective wealth creation. The Empowered Investor provides a proven framework for wealth creation. Built around 7 key principles and practical real-world examples, the book provides insight into the limitations of traditional investment concepts, and illustrates how investors can take control of their investments. Instead of relying on often flawed financial advice, investors need to develop their own investment approach, drawing on their unique skill sets and experiences. This book: -Presents a practical strategy for wealth creation, based on practical experience and sound theoretical foundation; -Provides real world cases and excerpts from interviews with highly successful investors; -Demonstrates how investors can build on their core strengths, exploit opportunities and differentiate their investments; -Illustrates how to protect a portfolio from threats and risks This book will help you: -Build on your core strengths; -Identify and make the most of new opportunities; -Cultivate quality networks; -Differentiate your investments; -Protect yourself against threats and risks; -Understand and manage the time dimension; -Execute with efficiency. Written in a practical and straightforward manner, The Empowered Investor provides a robust strategic toolkit for investors, bringing the individual to the core of the investment strategy and creating new opportunities for wealth creation.

This book is an examination of the sovereign risk and debt limit issues facing the Eurozone (crisis/post crisis) and the need for alternative mechanisms to fund the capital investment requirements of the region.

Written by bestselling finance author Guy Fraser-Sampson, this is a provocative account of the severe limitations of modern finance, advocating a bold new way forward for the finance industry. The Pillars of Finance is a lively and provocative read, challenging some of the core beliefs of modern finance.

Monetary Policy, central banking, and international norms and regulations; a discussion far from new, nor applying exclusively to the world's most advanced economies. A sound monetary policy and a well-enforced regulatory regime is provided, in explanation of developing nations to channel financial resources more efficiently into investments.

Following the financial crisis dramatic market changes, a new standard in interest rate modelling emerged, called the multi-curve framework. The author provides a detailed analysis of the framework, through its foundations, evolution and implementation. The book also covers recent extensions to collateral and stochastic spreads modelling.

As well as reviewing traditional models, this book proposes an alternative model for estimating the cost of risk capital. This model, known as CaRM (Capital at Risk Model), bases the cost estimate of risk capital on VaR (Value at Risk) for the very first time. This book is an ideal resource for developing valuation research in SMEs.

This book provides a comprehensive approach to Corporate Governance, Audit Process and Risk Management. Furthermore, it provides an analytical and comprehensive approach of the issues facing governance directors, internal and external auditors, risk managers, and public officials conducting assessments based upon the Report on Standards and Codes.

This book provides a much needed 'middle ground' for risk practitioners who need an in-depth understanding of risk management without excessive formulae or theory. Written to appeal to a broad but financially-minded audience, it provides coverage of risk management and the frameworks commonly applied in the financial services industry.

Liquidity Management is now a core consideration for banks and other financial institutions following the collapse of numerous well-known banks in 2007-8. This timely new edition will provide practical guidance on liquidity risk and its management - now mandatory under new regulation.

The 10 Principles of Open Business is a practical guide to organizational design for the Twenty-First Century. Using case studies, the authors define the 10 principles of open business that organisations must adopt to both survive and thrive, and provide a practical method to assess the reader's own organization.

This book mixes history on the ancient world with investment ideas for traders involved in financial markets today. It goes through ideas such as measuring risk, whether investors should try to outperform the market, Black Swans and ways of creating appropriate investment targets. It will appeal to professional traders and retail investors.

International Accounting Harmonization analyzes the differences between national accounting rules and international accounting methods, showing that when firms adopt international accounting standards they achieve significantly higher positive coefficients compared with firms that only take on local accounting strategies.

Currently, a new potential paragon of fundraising and financing, in particular crowd funding (CF) attracts a lot of attention. Basically, CF is an open call for capital, mainly via the internet, where the desired campaign can be evaluated and financially supported by a large group of individuals, the crowd. The matchmaking process between campaign creators and potential investors is mainly established by a standardized CF platform (CFP). Scientific discourse on CF is still nascent, since existing studies and papers focus on the potential of CF and its basic principles. Florian Danmayr addresses crowd funding platforms as object of his analysis and contributes to the body of literature by enhancing knowledge on the composition of the CFP market.

Dieses Buch zeigt, wie Deutschland als fuhrende Industrienation auch in der Digitalen Wirtschaft ein starker Player werden kann. Deutschland verfugt uber unzahlige Weltmarktfuhrer in den klassischen Wirtschaftsbranchen, bisher aber uber keinen digitalen Champion. Die grossen Player aus dem Internet wie Google, Facebook & Co. dringen zunehmend auch in die realen Wirtschaftsbranchen ein und wollen hier die Spielregeln verandern. Vor diesem Hintergrund analysieren Tobias Kollmann und Holger Schmidt die Rahmenbedingungen eines digitalen Wandels fur unsere Wirtschaft und Gesellschaft, beleuchten die aktuellen Entwicklungen und geben Hinweise auf die notwendigen AEnderungen fur die Zukunft. Im Zentrum stehen die Fragen: Was haben wir aus der bisherigen Digitalisierung gelernt? Wie sieht die aktuelle Digitale Transformation unserer Wirtschaft und Gesellschaft aus? Was ist zu tun, damit wir in Zukunft im digitalen Wettbewerb einen starken Stellenwert erreichen? Oder kurz gesagt: Wie muss ein digitaler Masterplan fur Deutschland aussehen? Die Autoren Prof. Dr. Tobias Kollmann ist Inhaber des Lehrstuhls fur E-Business und E-Entrepreneurship an der Universitat Duisburg-Essen. Er ist Vorsitzender des Beirats "Junge Digitale Wirtschaft" im BMWi und Beauftragter fur die Digitale Wirtschaft in NRW. Als Mitgrunder von AutoScout24 gehoerte er zu den Pionieren der deutschen Internet-Grunderszene. Er konzipierte 2004 die erste mobile UMTS-App in Deutschland, wurde 2012 zum Business Angel des Jahres gewahlt und sitzt u.a. im Aufsichtsrat von Kloeckner & Co SE. Laut dem Magazin Business Punk (02/2014) zahlt er zu den 50 wichtigsten Koepfen der Startup-Szene in Deutschland. Dr. Holger Schmidt ist Chefkorrespondent mit Schwerpunkt Internet des Magazins FOCUS in Berlin. Zuvor hat er 14 Jahre fur die Frankfurter Allgemeine Zeitung uber die digitale OEkonomie berichtet und dort die woechentliche Sonderseite "Netzwirtschaft" verantwortet. Als Internet-Koordinator war er fur die Zusammenarbeit Print/Online zustandig. Sein Blog "Netzoekonom" gehoert zu den meistgelesenen Publikationen der Digitalen Wirtschaft in Deutschland. Daruber hinaus unterrichtet er als Dozent "Digitale Transformation" an der TU Darmstadt und "Medienoekonomie" an der Hamburg Media School.

The first practitioner handbook on export credit insurance and guarantees, providing manufacturers, exporters, bankers, and lawyers with a much needed resource. The book contains descriptions and analyses of almost every type of export credit insurance and guarantee used in international trade with explanations about the risks inherent in each.

Assesses to what extent increased international cooperation could help selected financial centres in Europe respond to the future risks and opportunities facing them. The book identifies challenges that the jurisdictions face in coming years by means of representative samples and systematic comparisons of financial centres.

Leading analyst Sandy Chen provides a thorough guide to the analysis and valuation of banks. Unlike other businesses and institutions, banks have a number of unique characteristics that need to be taken into account when performing a valuation and as such traditional valuation methodologies are unsuitable and more specialized techniques required.

In recent years the continuity of many firms has been achieved by restructuring, a task which takes up a great deal of senior management's time. Written for busy managers and executives, this book is a practical guide to the process of restructuring, covering both debt and operational restructures.

An executive level guide to implementing or extending an enterprise risk management (ERM) framework in an organization. Avoiding complex modeling topics, and unnecessary theory, this book cuts to the heart of the topic, describing what ERM is, why it is important, what constitutes ERM and how it can be implemented to add value to an organization.

This book provides novel insight into the governance of banks and looks at regulatory measures for strengthening bank stability. It includes empirical studies on the relationship between the board structures of banks and their financial risk-taking and analyses the determinants of bank reputation and the future prospects of small banks.

Based on the crisis experience, the book offers an overview of lessons for macrofinancial analysis and financial stability. It illustrates the interlinkages between the financial side and the real side of the economy and highlights the role of balance sheet variables and sectoral balance sheet positions in the evolution of the financial crisis.

Provides a comprehensive overview of a broad range of uses of the flow of funds within the central bank community as well as in the academic field, prepared by international experts in the field. Based on the crisis experience, it offers an overview of lessons for macrofinancial analysis and financial stability.

Former banker Philippe Espinasse, offers advice for the interview, selection and appointment of lead banks, as well as for the execution of an IPO. The book includes case studies from around the world and explains negotiation techniques through which issuers can save considerable time, effort and costs, and also limit their potential liabilities.

Behavioral Finance helps investors understand unusual asset prices and empirical observations originating out of capital markets. At its core, this field of study aids investors in navigating complex psychological trappings in market behavior and making smarter investment decisions. Behavioral Finance and Capital Markets reveals the main foundations underpinning neoclassical capital market and asset pricing theory, as filtered through the lens of behavioral finance. Szyszka presents and classifies many of the dynamic arguments being made in the current literature on the topic through the use of a new, ground-breaking methodology termed: the General Behavioral Asset Pricing Model (GBM). GBM describes how asset prices are influenced by various behavioral heuristics and how these prices deviate from fundamental values due to irrational behavior on the part of investors. The connection between psychological factors responsible for irrational behavior and market pricing anomalies is featured extensively throughout the text. Alternative explanations for various theoretical and empirical market puzzles - such as the 2008 U.S. financial crisis - are also discussed in a convincing and interesting manner. The book also provides interesting insights into behavioral aspects of corporate finance.