Author(s): Wayne Holland, Cass Business School, Alzira Salama, Cavendish College
The case study describes and explains the successful integration strategy designed and implemented by a German bank's top executives when an American Bank was acquired in 1999.
Updated: 08/09/2010 | Comments: 0 | Rating: Not yet rated | Views: 449
Author(s): Stewart Hodges, Cass Business School
Some risk models failed badly during the credit crunch. Numerous commentators, including Lord Turner in his March 2009 Review, have raised fundamental questions about the validity of Value at Risk (VaR) as a measure of risk. This talk reviews the lessons from the credit crunch. Not all models performed badly but many did, and for a variety of different reasons.
Updated: 10/09/2010 | Comments: 0 | Rating: Not yet rated | Views: 546 | 
Author(s): Russell Gerrard, Andreas Tsanakas, Cass Business School
Financial institutions such as insurance companies or banks are regulated according to a Value-at-Risk principle. This means that they have to hold enough capital, such that their probability of becoming insolvent over a fixed time horizon (e.g. 1 year) is very low (e.g. at most 0.5%). Calculation of the required capital according to this principle stumbles on the quite fundamental difficulty of estimating the probability of very extreme scenarios based on limited data sets.
Updated: 07/09/2010 | Comments: 0 | Rating: Not yet rated | Views: 115
This report provides the guidelines necessary for standardising the measurement of risk so that it can be applied to make meaningful comparisons between one fund and another.
Updated: 10/09/2010 | Comments: 0 | Rating: Not yet rated | Views: 977
Author(s): Ana-Maria Fuertes, Cass Business School, Joelle Miffre, EDHEC Business School, France, Georgios Rallis, Private investor
This paper examines the combined role of momentum and term structure signals for the design of profitable trading strategies.
Updated: 08/09/2010 | Comments: 0 | Rating: Not yet rated | Views: 109
