Conventional wisdom suggests that high-reputation banks will generally produce good securities to maintain their long-run reputation. We show with a simple model that when securities are complex a high-reputation bank may produce assets that underperform during market downturns. We examine this possibility using a unique sample of 10.1 trillion dollars of CLO, MBS, ABS, and CDOs. Contrary to th…
Laporan ini memberikan evaluasi terhadap proses penulisan laporan penelitian ekuitas pada Divisi Riset Ekuitas PT DNW, salah satu perusahaan sekuritas terkemuka di Indonesia. Penilaian yang dilakukan berdasarkan pedoman yang dikemukakan Wall Street dan juga berdasarkan hasil perbandingan dengan dua sekuritas lokal terkemuka di Indonesia yaitu Bahana Sekuritas dan Mandiri Sekuritas. Dari hasil e…
Includes bibliographies, index and tables
Includes bibliographies and index
Special purpose acquisition companies, or SPACs, have been around in various forms for decades, but during the past two years they’ve taken off in the United States. In 2019, 59 were created, with $13 billion invested; in 2020, 247 were created, with $80 billion invested; and in the first quarter of 2021 alone, 295 were created, with $96 billion invested. In 2020, SPACs accounted for more tha…
Includes bibliographies & tables
Includes bibliographies and index
Includes bibliographies and index
Includes index
Includes bibliographies and index
Includes bibliographies, index and tables
Includes bibliographies and index
Includes bibliographical and index
Includes bibliographies and index
Includes bibliographies and index
Includes bibliography
Sukuk Securities provides complete information and guidance on the latest developments in the burgeoning sukuk securities markets. Written by leading Islamic finance experts, this essential guide offers insight into the concepts, design features, contract structures, yields, and payoffs in all twelve global sukuk markets, providing Islamic finance professionals with an invaluable addition to th…
.“Edgar’s book is fantastic . . . I recommend it highly.” ―Bart Chilton, Commissioner, United States Commodity Futures Trading Commission (CFTC) “I have interviewed the most successful high-frequency traders in New York and Chicago, but I have learned so much more by reading Perez’s book. He covers the most relevant topics we need to know today and tomorrow.” ―Mark Abeshous…
Includes index
Includes index