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Kreditderivate zum Risikomanagement in Kreditinstituten: Insbesondere Sparkassen

Kreditderivate zum Risikomanagement in Kreditinstituten: Insbesondere Sparkassen

          
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About the Book

Inhaltsangabe: Einleitung: Nach den katastrophalen Auswirkungen der Weltwirtschaftskrise von 1929 - 1931 waren die Regierungen der am stärksten betroffenen Länder der Ansicht, die Finanzmärkte umfangreich regulieren zu müssen. Insbesondere seit Anfang der siebziger Jahre wurden jedoch verstärkt Versuche unternommen durch innovative Finanzprodukte diese Regulierungen legal zu umgehen. Seitdem durchlaufen die internationalen Finanzmärkte eine drastische Strukturveränderung. Faktoren wie „Deregulierung", „Globalisierung", „Disintermediation" und „Securitization" tragen maßgebend zu einer dramatischen Veränderung der Finanzwelt bei. Durch diese neuen, insbesondere von den angelsächsischen Ländern ausgehenden Ent-wicklungen an den Finanzmärkten werden die Akteure laufend gefordert, unter neuen, sich ständig verändernden Rahmenbedingungen zu agieren. Insbesondere der Zusammenbruch des Abkommens über feste Wechselkurse von Bretton Woods Ende 1973 und das darauf folgende Zusammenwachsen der inter-nationalen Finanzmärkte durch die Aufhebung wesentlicher Regulierungen führte zu einer ständig zunehmenden Volatiliät und Dynamik der Finanzmärkte. Dies hatte jedoch erhebliche Wechselkurs- und Zinsänderungsrisiken zur Folge und erforderte somit ein erhöhtes Risikobewußtsein der Marktteilnehmer. Das daraus resultierende Bedürfnis nach Instrumenten zur Risikosteuerung hat die Entwicklung von innovativen Finanzprodukten sehr unterstützt. Es kam daher regelrecht zu einem Boom von derivativen Produkten, die aus dem heutigen Risikomanagement nicht mehr wegzudenken sind. Diese Produkte dienen jedoch im wesentlichen der Absicherung von Zins-, Währungs- und Kursrisiken. Verstärkt durch die Schuldenkrisen in Südamerika, Asien und auch Osteuropa, die zu einer ernsten Zunahme von Insolvenzen in aller Welt führten, gewann die Bewertung und Beurteilung von Kreditrisiken erheblich an Bedeutung. Es gab jedoch lange Zeit keine Möglichkeiten, sich gegen Kreditrisiken effizient und kostengünstig a


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Product Details
  • ISBN-13: 9783838641225
  • Publisher: Diplom.de
  • Binding: Paperback
  • Language: German
  • Returnable: N
  • Spine Width: 7 mm
  • Weight: 159 gr
  • ISBN-10: 3838641221
  • Publisher Date: 06 May 2001
  • Height: 210 mm
  • No of Pages: 114
  • Series Title: German
  • Sub Title: Insbesondere Sparkassen
  • Width: 148 mm


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