Financial Intermediation Operations And Practice A Guidebook For Financial Market Operators And Practitioners

Author : Seye Adetunmbi
Publisher : Mindscope
ISBN 13 : 9789789682874
Total Pages : 320 pages
Book Rating : 4.75/5 ( download)

DOWNLOAD NOW!

Download or read book FINANCIAL INTERMEDIATION Operations and Practice: A Guidebook for Financial Market Operators and Practitioners written by Seye Adetunmbi and published by Mindscope. This book was released on 2020-06-24 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is an insightful compendium on the financial market operations and practice with a special focus on the capital market in Nigeria. The textbook delved into the background history of financial intermediation and contains a detailed review of the Nigerian financial market, post-independence in 1960 till 2020. It also serves as a practical guidebook for intending operators, practitioners and other participants in the market. The 20-chapter book has useful integrated applied information for financial engineers, regulators, formal sector players, proprietors, entrepreneurs, investors and company executives on the opportunities that abound for them in the financial market with the associated responsibilities and challenges. The introductory section one provides an incisive overview of the world of financial intermediary services, while section two addresses the theory and practice of financial market operations. The book articulates functions of the professional parties that are relevant to typical market issues in an emerging and developing markets. Thus, fund managers, investment bankers, stockbrokers, registrars, solicitors, trustees, management consultants and accountants who are often faced with professional callings in the financial market would also find section two of the guidebook useful. Likewise, state government officials and federal government technocrats that are confronted with the problems of how to fund capital projects will find the guidebook very resourceful. Sections two and four would enable them to understand the step-by-step for long-term capital raising alternatives available to productive government capital projects and general infrastructures in an organised stock market by exploring various financial market instruments and integrated capital market product derivatives. Of course, the owners and managers of private sector companies with growth potentials would find the book useful. Professionals pursuing career in the capital market would also find the book functional, while individuals aspiring to be stockbrokers, companies seeking quotation on the Nigerian Stock Exchange or prospecting to register as capital market operators would benefit from reading the guidebook. Furthermore, the book is handy to enhance and facilitate the induction programme for new employees of the financial market operators. Students of accounting, banking, economics, finance and law would find the book very relevant because of its practical approach to financial intermediation and practice in Nigeria, particularly in the capital and money markets. The glossary of financial market terms was well researched and quite educative which makes it useful to all and sundry.The author dedicated few pages for integrated financial market photo story in which he participated between 1990 and 2020. Some of the pictures are vintage and say a lot about the perspective and visionary author. with a distinct foresight. Some of the best moments of the Capital Market Roundtable which the author convened in August 2008 featured in the book. Extracts of the informed deliberations and unique thoughts espoused by the brilliant, frontline and vibrant professionals in the Nigerian capital market constitute the last section of this special publication.Essentially, this book is loaded with phenomenal operational information that are difficult to find in the most detailed manuals and templates of active capital market operators. The robust directory and index at the back of the book complement the one-stop-book for all ranks of participants in the capital market. This makes the special publication a unique compendium that will feed a variety of appetites, a collectors' item and a must have book for all parties concerned in the relevant constituencies.

Author : Marc Levinson
Publisher : The Economist
ISBN 13 : 1541742516
Total Pages : 304 pages
Book Rating : 4.12/5 ( download)

DOWNLOAD NOW!

Download or read book Guide to Financial Markets written by Marc Levinson and published by The Economist. This book was released on 2018-07-24 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: The revised and updated 7th edition of this highly regarded book brings the reader right up to speed with the latest financial market developments, and provides a clear and incisive guide to a complex world that even those who work in it often find hard to understand. In chapters on the markets that deal with money, foreign exchange, equities, bonds, commodities, financial futures, options and other derivatives, the book examines why these markets exist, how they work, and who trades in them, and gives a run-down of the factors that affect prices and rates. Business history is littered with disasters that occurred because people involved their firms with financial instruments they didn't properly understand. If they had had this book they might have avoided their mistakes. For anyone wishing to understand financial markets, there is no better guide.

Author : Pierre Vernimmen
Publisher : John Wiley & Sons
ISBN 13 : 1118849299
Total Pages : 994 pages
Book Rating : 4.93/5 ( download)

DOWNLOAD NOW!

Download or read book Corporate Finance written by Pierre Vernimmen and published by John Wiley & Sons. This book was released on 2014-10-09 with total page 994 pages. Available in PDF, EPUB and Kindle. Book excerpt: Merging theory and practice into a comprehensive, highly-anticipated text Corporate Finance continues its legacy as one of the most popular financial textbooks, with well-established content from a diverse and highly respected author team. Unique in its features, this valuable text blends theory and practice with a direct, succinct style and commonsense presentation. Readers will be introduced to concepts in a situational framework, followed by a detailed discussion of techniques and tools. This latest edition includes new information on venture finance and debt structuring, and has been updated throughout with the most recent statistical tables. The companion website provides statistics, graphs, charts, articles, computer models, and classroom tools, and the free monthly newsletter keeps readers up to date on the latest happenings in the field. The authors have generously made themselves available for questions, promising an answer in seventy-two hours. Emphasizing how key concepts relate to real-world situations is what makes Corporate Finance a valuable reference with real relevance to the professional and student alike. Readers will gain insight into the methods and tools that shape the industry, allowing them to: Analyze investments with regard to hurdle rates, cash flows, side costs, and more Delve into the financing process and learn the tools and techniques of valuation Understand cash dividends and buybacks, spinoffs, and divestitures Explore the link between valuation and corporate finance As the global economy begins to recover, access to the most current information and statistics will be required. To remain relevant in the evolving financial environment, practitioners will need a deep understanding of the mechanisms at work. Corporate Finance provides the expert guidance and detailed explanations for those requiring a strong foundational knowledge, as well as more advanced corporate finance professionals.

Author : Andrew Crockett
Publisher : Centre for Economic Policy Research
ISBN 13 : 9781898128793
Total Pages : 144 pages
Book Rating : 4.90/5 ( download)

DOWNLOAD NOW!

Download or read book Conflicts of Interest in the Financial Services Industry written by Andrew Crockett and published by Centre for Economic Policy Research. This book was released on 2003 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: The fifth report in this series focuses on conflicts of interest that arise when a firm combines multiple lines of business, creating multiple interests. Conflicts between research and underwriting in investment banking and between auditing and consulting in accounting firms are investigated, as are the problems that arise from rating agencies providing consulting services and from universal banks combining commercial and investment banking. In the recent stock market collapse, confidence in the financial industry was shaken by numerous scandals. Beginning with Enron in 2001, scandals brought about the demise of prominent financial figures, damaged the reputation of premiere firms and destroyed the global accounting giant Arthur Andersen. Central to this crisis was the exploitation of conflicts of interest. Research analysts at investment banks were found to be distorting information at the behest of underwriting departments eager to promote new issues. Auditors appeared to sanction misleading accounting in order to gain business for the consulting side of their firms. Policy response in the United States was quick. Large fines were levied and regulators compelled the separation of financial security function, constraining financial conglomerates. But are these new regulations and safeguards adequate protection? What costs do they impose on the industry? This fifth title in the ICMP/CEPR series of Geneva Reports on the World Economy examines the problem of conflicts of interest in the financial system. Conflicts of interest lead to a decrease in information that makes it harder for the system to provide savers wit the accurate, essential information that induces them to provide credit to borrowers. This study focuses on conflicts of interest that arise when a firm combines multiple lines of business, creating multiple interests. Conflicts between research and underwriting in investment banking and between auditing and consulting in accounting firms are investigated, as are the problems that arise from rating agencies providing consulting services and from universal banks combining commercial and investment banking. Determining the appropriate remedy for a conflict is a challenge because the elimination of conflicts may also eliminate benefits from economies of scope. This study examines five generic remedies: market discipline, regulation for increased transparency, supervisory oversight, separation of financial activities by function, and socialization of the collection and distribution of information. The authors apply this framework to assess critically the Sarbanes-Oxley Act and the Global Settlement between American regulators and investment banks.

Author : International Monetary Fund. Monetary and Capital Markets Department
Publisher : International Monetary Fund
ISBN 13 : 1498363288
Total Pages : 135 pages
Book Rating : 4.80/5 ( download)

DOWNLOAD NOW!

Download or read book Global Financial Stability Report, April 2016 written by International Monetary Fund. Monetary and Capital Markets Department and published by International Monetary Fund. This book was released on 2016-04-11 with total page 135 pages. Available in PDF, EPUB and Kindle. Book excerpt: The current Global Financial Stability Report (April 2016) finds that global financial stability risks have risen since the last report in October 2015. The new report finds that the outlook has deteriorated in advanced economies because of heightened uncertainty and setbacks to growth and confidence, while declines in oil and commodity prices and slower growth have kept risks elevated in emerging markets. These developments have tightened financial conditions, reduced risk appetite, raised credit risks, and stymied balance sheet repair. A broad-based policy response is needed to secure financial stability. Advanced economies must deal with crisis legacy issues, emerging markets need to bolster their resilience to global headwinds, and the resilience of market liquidity should be enhanced. The report also examines financial spillovers from emerging market economies and finds that they have risen substantially. This implies that when assessing macro-financial conditions, policymakers may need to increasingly take into account economic developments in emerging market economies. Finally, the report assesses changes in the systemic importance of insurers, finding that across advanced economies the contribution of life insurers to systemic risk has increased in recent years. The results suggest that supervisors and regulators should take a more macroprudential approach to the sector.

Author : François-Serge Lhabitant
Publisher : John Wiley & Sons
ISBN 13 : 1119995248
Total Pages : 654 pages
Book Rating : 4.41/5 ( download)

DOWNLOAD NOW!

Download or read book Handbook of Hedge Funds written by François-Serge Lhabitant and published by John Wiley & Sons. This book was released on 2011-03-23 with total page 654 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive guide to the burgeoning hedge fund industry Intended as a comprehensive reference for investors and fund and portfolio managers, Handbook of Hedge Funds combines new material with updated information from Francois-Serge L’habitant’s two other successful hedge fund books. This book features up-to-date regulatory and historical information, new case studies and trade examples, detailed analyses of investment strategies, discussions of hedge fund indices and databases, and tips on portfolio construction. Francois-Serge L’habitant (Geneva, Switzerland) is the Head of Investment Research at Kedge Capital. He is Professor of Finance at the University of Lausanne and at EDHEC Business School, as well as the author of five books, including Hedge Funds: Quantitative Insights (0-470-85667-X) and Hedge Funds: Myths & Limits (0-470-84477-9), both from Wiley.

Author : Naoyuki Yoshino
Publisher :
ISBN 13 : 9784899740636
Total Pages : 0 pages
Book Rating : 4.38/5 ( download)

DOWNLOAD NOW!

Download or read book Financial Inclusion, Regulation, and Education written by Naoyuki Yoshino and published by . This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial inclusion is receiving increasing attention as having the potential to contribute to economic and financial development while at the same time fostering more inclusive growth and greater income equality. Although substantial progress has been made, there is still much to achieve. East Asia, the Pacific, and South Asia combined account for 55% of the world's unbanked adults, mainly in India and the People's Republic of China. This book surveys the experience of a number of advanced and Asian emerging economies to assess factors affecting the ability of low-income households and small firms to access financial services, including financial literacy, financial education programs, and financial regulatory frameworks, as well as identify policies that can improve their financial access while maintaining financial stability. It aims to identify successful experiences and important lessons that can be adopted by other emerging economies. The studies cover the experiences of Germany, the United Kingdom, Bangladesh, India, Indonesia, the Philippines, Sri Lanka, and Thailand. The book adopts a practical and holistic approach to issues related to financial inclusion. For example, innovative methods of promoting financial access, such as mobile phone banking and microfinance, require corresponding innovations in regulatory frameworks, perimeters, and capacity. Moreover, programs in the areas of financial education and consumer protection are needed to enable households and firms to take full advantage of improvements in financial access.

Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 1513573926
Total Pages : 157 pages
Book Rating : 4.22/5 ( download)

DOWNLOAD NOW!

Download or read book Guidance Note For Developing Government Local Currency Bond Markets written by International Monetary Fund and published by International Monetary Fund. This book was released on 2021-03-12 with total page 157 pages. Available in PDF, EPUB and Kindle. Book excerpt: This guidance note was prepared by International Monetary Fund (IMF) and World Bank Group staff under a project undertaken with the support of grants from the Financial Sector Reform and Strengthening Initiative, (FIRST).The aim of the project was to deliver a report that provides emerging market and developing economies with guidance and a roadmap in developing their local currency bond markets (LCBMs). This note will also inform technical assistance missions in advising authorities on the formulation of policies to deepen LCBMs.

Author : World Bank Group
Publisher : World Bank Publications
ISBN 13 : 0821399853
Total Pages : 226 pages
Book Rating : 4.59/5 ( download)

DOWNLOAD NOW!

Download or read book Global Financial Development Report 2014 written by World Bank Group and published by World Bank Publications. This book was released on 2013-11-07 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second issue in a new series, Global Financial Development Report 2014 takes a step back and re-examines financial inclusion from the perspective of new global datasets and new evidence. It builds on a critical mass of new research and operational work produced by World Bank Group staff as well as outside researchers and contributors.

Author : Lucila Serra
Publisher : Inter-American Development Bank
ISBN 13 :
Total Pages : 95 pages
Book Rating : 4./5 ( download)

DOWNLOAD NOW!

Download or read book The Role of National Development Banks in Catalyzing International Climate Finance written by Lucila Serra and published by Inter-American Development Bank. This book was released on 2013-03-12 with total page 95 pages. Available in PDF, EPUB and Kindle. Book excerpt: Significant investments are needed to support the global transition to a low-carbon, climate resilient future. Current finance flows fall short of global financing needs, and massive scaling up is needed to unlock additional financial resources and foster a sustainable investment pathway. Overcoming barriers to private sector investments is critical, and international climate finance can play a catalytic role in this regard. National development banks (NDBs) have a unique role in this context, both complementing and catalyzing private sector players. This publication discusses the unique role that NDBs could play in scaling up private financing for climate change mitigation projects through the intermediation of international and national public climate finance in their respective local credit markets and the conditions that would be needed for them to be most effective. It draws from experiences in international climate finance and best practices, processes, and products of NDBs within the Latin American and Caribbean region.