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Financial Swaps: Instrument Des Bilanzstrukturmanagements in Banken

Financial Swaps: Instrument Des Bilanzstrukturmanagements in Banken

          
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About the Book

Zu den erfolgreichsten Finanzinnovationen der letzten Jahre gehOren zweifellos die unter dem Begriff der Financial Swaps zusammengefaBten Zins- undWahrungs- swaps, die sich nicht nur dauerhaft an den intemationalen Finanzmarkten etablieren, sondem -im Vergleich zu anderen Finanzinnovationen -in jfingster Zeit auch die groBten Zuwachsraten verzeichnen konnten. Die Kreditinstitute erkannten die vielniltigen Verwendungsmoglichkeiten von Financial Swaps sehr rasch und haben an ihrer Verbreitung daher einen erheblichen Anteil. Wahrend die Banken anfangs vorwiegend als Vermittler zwischen potentiellen Swap-Parteien auftraten, setzen sie neuerdings in zunehmendem MaBe Financial Swaps auch im Eigen- geschaft zur integrierten Rentabilitats-und Risikosteuerung ihrer Geschaftstatigkeit ein. In diesem Zusammenhang wird in der vorliegenden Arbeit eine umfassende Analyse der Chancen und Risiken von Financial Swaps sowie der Moglichkeiten und Grenzen ihres Einsatzes im Rahmen des Bilanzstrukturmanagements von Kredit- instituten untemommen. Ausgehend von der Entstehung der Finanzinnovationen als Folge von Veranderungen im operativen Umfeld der Banken beschaftigt sich der Verfasser einfiihrend mit den theoretischen Grundlagen von Swap-Transaktionen, die sich letztlich auf Ricardos Theorem der komparativen Kosten zuruckfiihren lassen. Der Darstellung der Funktionsweise der verschiedenen Swap-Arten und der Charakterisierung der Swap-Parteien aus dem Nichtbanken- und Bankenbereich folgt eine umfangreiche und sehr informative Untersuchung fiber die Einsatz- moglichkeiten von Financial Swaps zur Steuerung des bilanzwirksamen und bilanz- unwirksamen Bankgeschafts. Aus Grunden der Dbersichtlichkeit werden dabei Risiko- und Rentabilitatsmanagement zunachst getrennt analysiert und erst nach einer eingehenden Auseinandersetzung mit dem den Swap-Transaktionen selbst innewohnenden Risikopotential schlieBlich die Vor- und Nachteile von Financial Swaps in einer zusammenfassenden Wertung einander gegenfibergestellt.


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Product Details
  • ISBN-13: 9783409140171
  • Publisher: Gabler Verlag
  • Publisher Imprint: Gabler Verlag
  • Edition: 1990 ed.
  • Language: German
  • Returnable: N
  • Spine Width: 12 mm
  • Weight: 376 gr
  • ISBN-10: 3409140174
  • Publisher Date: 01 Jan 1990
  • Binding: Paperback
  • Height: 244 mm
  • No of Pages: 194
  • Series Title: Schriftenreihe Für Kreditwirtschaft Und Finanzierung
  • Sub Title: Instrument Des Bilanzstrukturmanagements in Banken
  • Width: 170 mm


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