One of the earliest stochastic models of the term structure was developed by Vasicek (1977). His model is based on the evolution of an unspecified short-term interest rate. Although the model is developed in a fairly general framework, it is most frequently applied in a more specific form that is presented here. The Vasicek model […]
Public Mutual Berhad (Public Mutual) is the largest private unit trust company in Malaysia and currently manages more than 70 funds with total NAV of more than RM35.2 billion for more than 2,300,000 accountholders. Incorporated in July 1975, Public Mutual began its operations in 1980 with the launch of the Public Savings Fund, and soon […]
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Get help with your assignmentThe main aim of this case is to find the portfolio that will offer investors the highest expected rate of return for any degree of risk they are willing to tolerate. Extra returns are needed by the investors for taken a higher level of risk. Sandra needed the basic idea on risk-return tradeoff and on […]
As Toyota is a multinational corporation, Toyota has faced foreign currency exposures related to buying, selling and financing in currencies in different foreign countries. The foreign currency risk which exposed by is related to future earnings, assets and liabilities. The reasons are due to operating cash flows and various other financial instruments which are denominated […]
Savings form an important part of die economy of any nation. With savings invested in various options available to the people, the money acts as the driver for growth of the country. Indian financial scene too presents multiple avenues to the investors. Though certainly not the best or deepest of markets in the world, it […]
This chapter highlights the results and findings related with the research paper. It concentrates on the analysis of the data collected by the author from the questionnaire filled in by the banks officials. The main aim is to understand the key risks associated with Indian banks and to prioritize the same and to discover solutions […]
Operations managementA is an area of business concerned with the production of goods and services, and involves the responsibility of ensuring thatA business operationsA areA efficientA in terms of using as little resource as needed, andA effectiveA in terms of meeting customer requirements. It is concerned with managing the process that converts inputs (in the forms of materials, labor and energy) into […]
A company’s name is commonly considered to be a curial part of its image and reputation, just like the quality of its products or the quality of its services and it is also widely accepted that the corporate name is the cornerstone of a company’s relationship with its customers. (McNamara, 1998). Changing a company’s name […]
The sugar industry plays an important role in the economy of the country. It is the second largest industry after textiles. The sugar sector constitutes 4.2 per cent of manufacturing. In size, the sugar sector almost matches the cement sector [1] , however, it’s many backward (sugarcane growers) and forward linkages (food processors) in the economy indicate […]
This chapter consists of four sections, excluding this Preamble. The first section is concerned with corporate strategy and financial strategy. The second section considers objectives of organisations generally, whilst sections three and four are concerned with financial objectives and non-financial objectives, respectively. Learning Outcomes On successful completion of this Chapter, students should normally be able […]
1.0 INTRODUCTION The quest by oil companies, stakeholders and investors in petroleum resources to reduce expenditures on oil and gas projects while at the same time increasing profit has led to increased technological development in forecasting oil well economics before investments are made on these projects. One of such developments was the introduction of a […]
[Synopsis: This is a 4 page research paper, written in APA format discussing the type of IPO that E-bay should use to take Skype public. This is based on the type of investors Skype is likely to attract, lessons learned from Google and Morningstar from their auction IPOs and the cost and risks of each […]
A vibrant and proactive sector on which the economy of any nation depends on is the banking sector. The Banking sector thrives on the provision of an enabling environment for business transactions and further improvement of its services portfolio to its customers. Strategic planning in the banking sector encourages bank growth which affect prosperity; it […]
Islamic banking in Pakistan started around not more than three decades ago with an program to eliminate interest from specialized institutions and commercial banks in 1977-78, but serious efforts have been made only recently when in January 2000, State Bank of Pakistan constituted a Commission for Transformation of Financial System (CTFS) to introduce Shari’ah compliant […]
The California Department of Financial Institutions (DFI) say that controller have closed Affinity Bank, citing not enough funds. The DFI has been strictly checking the bank because of its insufficient funds level. The DFI had planned it to boost its capital treasury to a safe and sound level but efforts by the bank to do […]
The case of bankruptcy of Orange County in 1994 emphasize the importance of using duration and Value at risk (VAR) to assess portfolio risk and avoid future bankruptcy. Duration and VAR analysis provide deeper understanding about the underlying risk of the Orange County Investment Pool which was heavily leveraged and interest-pledged through reverse repurchase agreements […]
Introduction The surfacing of sovereign wealth funds (SWFs) (since 1953) has affected the financial markets and has also reshaped the world’s major economies. SWFs are working since 1953 when first Kuwait Investment Authority was established. Most of the SWFs are created by oil exporting economies like Qatar, United Arab Emirates and Saudi Arabia. These funds […]
INTRODUCTION: The stock exchange is a kind of capital market which helps to companies to raise funds not to make profit from it. Stock exchange is having its own identity worldwide. It gives a platform for giant companies as well as small enterprises to extend their power in the international market. The exchange also provides […]
The shadow banking system played a crucial role in the 2007-2009 financial crisis that, in which one of the most important role is the creation of systemic risk. Since repurchase agreements are the major component of the shadow banking system, it is necessary to focus on the role of repo in the shadow banking system […]
First, universal banking are type of banking system that includes commercial, investment, and other whole range of banking activities, such as insurance, all under one roof. These kinds of concentration results in a high size and power institutions, those only big banks can create. Generally, they are accounted to perform certain principles of corporate governance […]
Introduction This study aims at solving increasing issues of warehouse overflow transaction causing many difficulties in warehouse operations and increase safety risk on personnel and products in the warehouse area during past few weeks. The study has discovered that we are holding approximately 10 weeks of safety stock which is impractical on inventory management aspect […]
Risk is present everywhere. It is an important player in any financial system. As such, the banking institution should manage their risk efficiently in order to survive in this highly uncertain world. . It can be said that “Banks are in the business of managing risk, not avoiding risks” or “a bank’s success lies in […]
Bank of China (Hong Kong) Limited (BOCHK) is the second-largestA commercial banking groupsA inA Hong Kong with more than 300 branches. In spite of its magnitude and systematic risk management, 2008 has witnessed a decline in operational income and a negative shock to BOCHK. In this report, I will first investigate the overall risk management of BOCHK followed […]
In my opinion, existing risk management techniques are not fit for purpose when examined in the context of overall financial stability. This is because current regulation and risk management techniques focus on protecting individual institutions rather than protecting the economy as a whole. As a result, there is no framework to alleviate systemic risk which […]
The need for a money market arises because receipts of economic units do not coincide with their expenditures. Money market instruments are generally characterized by a high degree of safety of principal. Maturities range from one day to one year; the most common are three months or less. Active secondary markets for most of the […]
The study under consideration Role of Institutional Investors in Corporate Governance in India has been conducted to examine whether institutional investors and its constituents play an active role in corporate governance practices of companies and whether they do have any impact over financial performance of respective companies. This study is essentially empirical and exploratory in […]
Etisalat’s UAE unit remains the primary contributor to Etisalat’s overall value with a respective weight of 88.8%. The UAE’s growing expatriate population is driving, in particular, the mobile segment of Etisalat’s operation, which constitutes the bulk of Etisalat’s overall revenue. They forecast that Etisalat’s focus on mobile net subscriber acquisition should become secondary, as they […]
Repo is a short for repurchase agreements, are contracts for the sale and future repurchase of a financial asset, most often Treasury securities. A contract in which the seller of securities agrees to buy them back at a specified time and price also called repurchase agreement or buyback. On the termination date, the seller repurchases […]
The first type of financial asset is in the form of a claim that is kept against the earnings or the money of a firm or even a household or the Government for that matter. It is also of the form of a certification, or a receipt, a legal file or one that it maintained […]
The financial crisis that started in the summer of 2007 in the U.S.A and U.K. has quickly expanded to the developed world and become a global financial crisis which led economies into recession. Financial crisis create weaknesses to different bank models. Banks went to bankruptcy and disappeared from banking scene or rescued by governments. By […]
