{"product_id":"9781119348504","title":"Understanding Systemic Risk in Global Financial Markets","description":"\u003ch3\u003eWiley Finance\u003c\/h3\u003e\u003ch1\u003eUnderstanding Systemic Risk in Global Financial Markets\u003c\/h1\u003e\u003ch3\u003eAron Gottesman | Michael Leibrock\u003c\/h3\u003e\u003cdiv\u003e\u003cb\u003eBusiness \u0026amp; Economics \/ Finance \/ Financial Risk Management\u003c\/b\u003e\u003c\/div\u003e\u003cbr\u003e\u003cdiv\u003e\n\u003cb\u003eAn accessible and detailed overview of the risks posed by financial institutions\u003c\/b\u003e \u003cp\u003e\u003ci\u003eUnderstanding Systemic Risk in Global Financial Markets\u003c\/i\u003e offers an accessible yet detailed overview of the risks to financial stability posed by financial institutions designated as systemically important. The types of firms covered are primarily systemically important banks, non-banks, and financial market utilities such as central counterparties. Written by Aron Gottesman and Michael Leibrock, experts on the topic of systemic risk, this vital resource puts the spotlight on coherency, practitioner relevance, conceptual explanations, and practical exposition. \u003c\/p\u003e\n\u003cp\u003eStep by step, the authors explore the specific regulations enacted before and after the credit crisis of 2007-2009 to promote financial stability. The text also examines the criteria used by financial regulators to designate firms as systemically important. The quantitative and qualitative methods to measure the ongoing risks posed by systemically important financial institutions are surveyed. \u003c\/p\u003e\n\u003cul\u003e \u003cli\u003eA review of the regulations that identify systemically important financial institutions\u003c\/li\u003e \u003cli\u003eThe tools to use to detect early warning indications of default\u003c\/li\u003e \u003cli\u003eA review of historical systemic events their common causes\u003c\/li\u003e \u003cli\u003eTechniques to measure interconnectedness\u003c\/li\u003e \u003cli\u003eApproaches for ranking the order the institutions which pose the greatest degree of default risk to the industry\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003e\u003ci\u003eUnderstanding Systemic Risk in Global Financial Markets\u003c\/i\u003e offers a must-have guide to the fundamentals of systemic risk and the key critical policies that work to reduce systemic risk and promoting financial stability.\u003c\/p\u003e\n\u003c\/div\u003e\u003cdiv\u003e  \u003cp\u003e\u003cb\u003eARON GOTTESMAN\u003c\/b\u003e is Professor of Finance and the chair of the Department of Finance and Economics at the Lubin School of Business at Pace University. He is widely published in academic journals and is the author of \u003ci\u003eDerivatives Essentials: An Introduction to Forwards, Futures, Options, and Swaps\u003c\/i\u003e. \u003c\/p\u003e\n\u003cp\u003e\u003cb\u003eMICHAEL LEIBROCK\u003c\/b\u003e is managing director, chief systemic risk officer, and head of Counterparty Credit Risk for The Depository Trust \u0026amp; Clearing Corporation (DTCC). He serves as chair of DTCC’s Model Risk Governance Committee and co-chair of the Systemic Risk Council, and is an active speaker globally on the topics of systemic and credit risk.  \u003c\/p\u003e\n\u003c\/div\u003e\u003cbr\u003e\u003ctable\u003e\n\u003ctr\u003e\n\u003ctd\u003ePublication Date: \u003c\/td\u003e\n\u003ctd\u003e26 June 2017\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePublisher: \u003c\/td\u003e\n\u003ctd\u003eWiley\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eImprint: \u003c\/td\u003e\n\u003ctd\u003eWiley\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eISBN-13: \u003c\/td\u003e\n\u003ctd\u003e9781119348504\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eFormat: \u003c\/td\u003e\n\u003ctd\u003eHardback\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePage Count: \u003c\/td\u003e\n\u003ctd\u003e272\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eWeight (oz): \u003c\/td\u003e\n\u003ctd\u003e16.8\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/table\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":44385468448908,"sku":"9781119348504","price":71.1,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9781119348504_d35f3045-ea66-4e39-8536-63e91b8c0418.jpg?v=1780167988","url":"https:\/\/fh90cf-fv.myshopify.com\/products\/9781119348504","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}