Codes of Finance : Engineering Derivatives in a Global Bank
Vincent Antonin. Lépinay
Bok Engelsk 2011 · Electronic books.
| Annen tittel | |
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| Medvirkende | Lâepinay, Vincent Antonin. (Author)
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| Utgitt | Princeton : : Princeton University Press, , 2011.
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| Omfang | 1 online resource (305 p.)
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| Opplysninger | Description based upon print version of record.. - Cover; Contents; Acknowledgments; Preface: Financial Innovation from within the Bank; Prologue: A Day in a Trader's Life; Introduction: Questioning Finance; Part I: From Models to Books; Chapter 1: Thinking Financially and Exploring the Code; Chapter 2: Hedging and Speculating with Portfolios; Part II: Topography of a Secret Experiment; Chapter 3: The Trading Room as a Market; Chapter 4: The Memory of Banking; Part III: Porous Banking: Clients and Investors in Search of Accounts; Chapter 5: Selling Finance and the Promise of Contingency; Chapter 6: The Costs of Price. - Chapter 7: Reverse FinanceConclusion: What Good Are Derivatives?; Appendix: A Capital Guarantee Product: The Full Prospectus; Notes; Bibliography; Index. - The financial industry's invention of complex products such as credit default swaps and other derivatives has been widely blamed for triggering the global financial crisis of 2008. Codes of Finance takes readers behind the scenes of the equity derivatives business at one of the world's leading investment banks before the crisis, providing a detailed firsthand account of the creation, marketing, selling, accounting, and management of these financial instruments--and of how they ultimately created havoc inside and outside the bank. Vincent Antonin Lépinay, a former employee of t
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| Emner | |
| Sjanger | |
| Dewey | |
| ISBN | 9780691151502
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