There have been significant developments and changes to the world of credit risk management in recent years.
Managing Credit Risk, Second Edition will touch upon all these changes, including a new emphasis on actively managing
credit risk, the introduction of important regulatory changes, and the impact of hedge funds on the field of credit.
In addition, this comprehensive Second Edition also includes important updates and expanded discussions of the
techniques used to control credit risk, historical roots of credit management, consumer credit models, and the
major industry players--from finance companies and banks to insurance companies.
Table of Contents
Chapter 1. Credit Risk.
The Great Challenge For The Global Economy.
Chapter 2. Credit Culture.
Chapter 3. Classic Industry Players: Banks, Savings Institutions, Insurance Companies, Finance Companies and Special
Purpose Entities.
Chapter 4. The Portfolio Managers Investment Managers, Mutual Funds, Pension Funds and Hedge Funds.
Chapter 5. Structural Hubs Clearinghouses, Derivative Product Companies, and Exchanges.
Chapter 6. The Rating Agencies.
Chapter 7. Classic Credit Analysis.
Chapter 8. Asset-Based Lending and Lease Finance.
Chapter 9. Introduction to Credit Risk Models.
Chapter 10. Credit Risk Models Based Upon Accounting Data and Market Values.
Chapter 11. Corporate Credit Risk Models Based on Stock Price.
Chapter 12. Consumer Finance Models.
Chapter 13. Credit Models for Small Business, Real Estate, and Financial Institutions.
Chapter 14. Testing and Implementation of Credit Risk Models.
Chapter 15. About Corporate Default Rates.
Chapter 16. Default Recovery Rates and LGD in Credit Risk Modeling and Practice.
Chapter 17. Credit Risk Migration.
Chapter 18. Introduction to Portfolio Approaches.
Chapter 19. Economic Capital and Capital Allocation.
Chapter 20. Application of Portfolio Approaches.
Chapter 21. Credit Derivatives.
Chapter 22. Counterparty Risk.
Chapter 23. Country Risk Models.
Chapter 24. Structured Finance.
Chapter 25. New Markets, New Players, New Ways to Play.
Chapter 26. Market Chaos and a Reversion to the Mean.
