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Markt für Kreditderivate

Markt für Kreditderivate

          
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About the Book

Studienarbeit aus dem Jahr 2013 im Fachbereich BWL - Bank, Börse, Versicherung, Note: 1,7, FOM Hochschule für Oekonomie & Management gemeinnützige GmbH, Frankfurt früher Fachhochschule, Veranstaltung: Banking, Sprache: Deutsch, Abstract: Kreditderivate gehören zu den noch relativ neuartigen Finanzprodukten und gewinnen auf dem Markt der derivativen Instrumente immer stärker an Bedeutung. Sie vernetzen auf einmalige Weise die Welten des öffentlichen Kapitalmarktes und die des klassischen Bankkredites. Durch diese neuen Möglichkeiten wird es auch anderen Marktteilnehmern ermöglicht, Zugang zu bestimmten Segmenten des Kreditmarktes zu erlangen. Ein aktives Risikomanagement gewinnt für Banken im Zuge von regulatorischen Vorschriften wie z. B. Basel II und Basel III verstärkt an Bedeutung. Gerade die vergangene Krise im US-subprime-Hypothekengeschäft, die eine weltweite Finanz- und Wirtschaftskrise auslöste, hat aufgezeigt, wie essenziell und notwendig ein aktives Risikomanagement für Banken ist. Kreditderivate geben Banken, aber auch anderen Marktteilnehmern die Möglichkeit, das Kreditrisiko vom eigentlichen Kredit zu trennen und dieses an einen Sicherungsgeber zu übertragen, ohne dass eine Beeinflussung bzw. Veränderung der Kundenbeziehung zwischen dem Kreditinstitut und dem Kreditnehmer stattfindet.1 Der Markt für Kreditderivate war in den vergangenen zwei Jahrzehnten geprägt von enormen Zuwachsraten. Diese resultierten vor allem aus der starken Präsenz von Investmentbanken im internationalen Kreditderivatehandel im vergangenen Jahrzehnt. Hier standen vorrangig die Erzielung von hohen Renditen im Vordergrund.2 Doch setzte sich dieses rasante Marktwachstum auch nach der Finanzkrise ab 2007 fort? Und aus welchen Marktteilnehmern und Produkten setzt sich der Kreditderivatemarkt zusammen? Ziel dieser Seminararbeit ist es, diese Fragen genauer zu betrachten, einen kurzen Überblick über die Konstruktion ausgewählter Kreditderivate zu geben, sowie die Entwicklun


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Product Details
  • ISBN-13: 9783656478737
  • Publisher: Grin Publishing
  • Binding: Paperback
  • Language: German
  • Returnable: N
  • Spine Width: 2 mm
  • Width: 148 mm
  • ISBN-10: 3656478732
  • Publisher Date: 14 Aug 2013
  • Height: 210 mm
  • No of Pages: 28
  • Series Title: German
  • Weight: 50 gr


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