Business : Banks & Banking

Modern Portfolio Theory explores how risk averse investors construct portfolios in order to optimize market risk against expected returns. The theory quantifies the benefits of diversification. Modern Portfolio Theory provides a broad context for understanding the interactions of systematic risk and reward. more...

Price: $107.00

In recent years, the banking industry has faced significant challenges due to deregulation, globalization, financial innovation, and intensified global competition. In response to these challenges, banks have adopted strategies to grow and expand their activities, with mergers and acquisitions (M&As) being one of the most popular over the last decade. This unique book thus discusses the use of quantitative classification methods for the prediction of bank acquisitions. With an overview of the M&A trends in the EU banking industry and a survey of the motives for M&As, the authors compare various statistical and computational methodologies used to analyze and predict bank acquisitions. The material constitutes a useful basis for researchers and practitioners in banking management to develop and analyze investment decisions related to M&As. more...

Price: $83.00

''M&A financing and refinancing can be a path to progressÑstarting today, as you read the ideas in this book and dream up your own.'' --Alex Sheshunoff, From the Foreword. The expansion of a business through merger or acquisition involves experience. Wisdom. The ability to envision how two or more combined companies can equal far more than the sum of their parts. It also involves, more often than not, the use of ''other people's money.'' THE ART OF M&A FINANCING AND REFINANCING tells you how to obtain and repay that money, taking the complex, technical aspects of M&A finance and making them clear, understandable, and applicable to your situation. This comprehensive reference handbook points you to all the facts, figures, names, and places you need to finance your next deal. Unique in that it concentrates solely on the most fundamental component of the M&A transactionÑmoneyÑ THE ART OF M&A FINANCING AND REFINANCING provides clear-headed advice and guidance on: The key financial sources and instruments you can useÑfor any kind of deal; How to select the most appropriate type of financingÑdebt, equity, or a combination of the two;. Financing via debtÑloans, bonds, and leasesÑand the virtually infinite ways to borrow or lend; Tactics to consider in contracts, including contingent payments, earn-outs, and equity kickers; How to determine when refinancing is necessaryÑand plan for it as a probability; How volatile global events affect economic systemsÑand the impact this has on M&A financing and refinancing; Debt/equity hybrids and the vehicles through which they travelÑincluding mezzanine financing and seller takeback financing. The ability of one company to acquire another has helped companies throughout history grow stronger, more vibrant, and more competitive. Just as your business must establish satisfying relationships with external vendors and suppliers for its component parts and services, it must also become accustomed to using external financing for growth. Let more...

Price: $49.95

Can the 'invisible hand' manage money? George Selgin challenges the view that government regulation creates monetary order and stability, and instead shows it to be the main source of monetary crisis. more...

Price: $180.00

Both in global and European banking markets, banks and banking are undergoing fundamental changes. Deregulation, competition, technology and other developments have extended the frontiers of banking into the wider and ever-expanding financial services industry. Bank Strategies and Challenges in the New Europe brings together the work of leading European researchers in banking and finance in a blend of theory, practice and empirical study. The contributors situate banking within this new environment by exploring key issues such as the impact of technological advances, changes in delivery and payment systems, EMU and the convergence of EU banking sectors, competition, regional investment, offshore banking, capital adequacy and risk management. more...

Price: $108.00