Archive: Page 3
My Tributes to Professor Emeritus Ronald Coase
Ronald Coase, 1991 Nobel Prize Winner for Economic Sciences and an influential economist of our times, passed away at the ripe age of 102. His final book was “How China Became Capitalist” co-written with a former student, Nina Wang and this...
BPO opportunities in investment banking
Business process outsourcing (BPO) is a subset of outsourcing that involves the contracting of the operations and responsibilities of specific business functions (or processes) to a third-party service provider. Originally, this was associated...
Integrated Global Capital Market Platforms
Banking, Financial Services and Insurance vertical – BFSI in short – is the only global industry which is totally risk savvy and thrives only by acquiring and managing risk.
BFSI players need therefore delivery of seamless governance,...
Banking scenario and regulatory impacts in UK
I was trying to look at the prevailing banking scenario in the United Kingdom. I was surprised to note that the banks in UK have been undergoing considerable changes and challenges necessitated by the environment. I felt that under these circumstances,...
Equity index and Designing an Index
Equity indexes are weighted baskets of individual stocks. The Equity Index is a value that is proportional to the market value of the individual stocks underlying the index. The value of the index changes as the values of the individual stocks...
An Overview of Corporate Actions
A corporate action is an event initiated by a company that affects the securities (equity or debt) issued by the company. Some of them are mandatory; some of them are voluntary.
Mandatory Corporate Actions affect all shareholders alike in a...
Interest Rate Derivatives and their wrong sales to gullible customers
Banks are more in the news these days – for a variety of reasons with negative impact of course. Of all these, the one connected with mis-selling of interest rate derivative products is causing considerable damage.
The kind of allegations...
An analysis of sovereign risk
These days our governments are more in the business of business than governance. Naturally, when they approach markets for funds – through issue of bonds, debentures, stocks and securities, treasury bills and bonds – the investors will need...
Principles of risk management
Introduction
Any activity is associated with risk – a loss or gain.
More so, in trade and commerce, due to complex nature of transactions and the individual characteristics of the players, commodity, practices, customs, currencies.
Like in...
A treatise on risk basics
What is risk?
Risk are of three types: Known—a risk that is recognized by all, Unknown—a risk that is known by at least one person but is not known to many and Unknowable—a risk that is totally unexpected and impossible to foresee
Examples
Known—...
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