Credit Risk Management In and Out of the Financial Crisis: New Approaches to Value at Risk and Other Paradigms

by Anthony Saunders, Linda Allen

A classic book on credit risk management is updated to reflect the current economic crisis Credit Risk Management In and Out of the Financial Crisi s dissects the 2007-2008 credit crisis and provides solutions for professionals looking to better manage risk through modeling and new technology. This book is a complete update to Credit Risk New Approaches to Value at Risk and Other Paradigms, reflecting events stemming from the recent credit crisis. Authors Anthony Saunders and Linda Allen address everything from the implications of new regulations to how the new rules will change everyday activity in the finance industry. They also provide techniques for modeling-credit scoring, structural, and reduced form models-while offering sound advice for stress testing credit risk models and when to accept or reject loans. Understanding credit risk measurement is now more important than ever. Credit Risk Management In and Out of the Financial Crisi s will solidify your knowledge of this dynamic discipline.

400 pages, Hardcover

First published April 13, 2010