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Finanzdienstleister der nächsten Generation: Megatrend by Oliver Everling,Robert Lempka

By Oliver Everling,Robert Lempka

Der Megatrend der Digitalisierung hinterlässt in der Finanzbranche bereits seit Jahren seine Spuren: Das enge Zusammenspiel von Mensch und Technologie bewirkt ein hybrides Kundenverhalten, das von monetary Technology-Unternehmen zur Eroberung neuer Marktanteile genutzt wird. Eine Fülle von Start-ups drängt auf den Markt und in den Wettbewerb. used to be für Kunden Zeitersparnis und Zusatznutzen, was once für Sparer Renditechancen und was once für Kreditnehmer Zinsvorteil ist, bedeutet für Banken und traditionelle Finanzdienstleister eine fortwährende strategische Herausforderung.

In diesem Buch werden digitale Innovationen, die Antworten der Kreditinstitute und erfolgreiche Geschäftsmodelle der "FinTechs" beschrieben. Als wissenschaftlich fundiertes und gleichzeitig praxisorientiertes Kompendium bietet es einen konkreten Nutzen nicht nur für Investoren und Entscheider von Banken und Versicherungen, sondern auch für alle anderen Finanzdienstleister, Inkubatoren, Seed Financiers, enterprise Capitalists, company Angels, specialists, Headhunter, Ratingagenturen, Wissenschaftler und Wirtschaftsjournalisten.

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Beyond Mainstream Explanations of the Financial Crisis: by Ismael Hossein-zadeh

By Ismael Hossein-zadeh

This publication offers a critique of the neoclassical reasons of the 2008 monetary cave in, of the resultant lengthy recession and of the neoliberal austerity responses to it.

The research argues that whereas the present perspectives of deregulation and financialization as instrumental culprits within the explosion and implosion of the monetary bubble are usually not fake, they fail to indicate that financialization is largely a sign of a complicated level of capitalist improvement. those general causes are inclined to forget about the systemic dynamics of the buildup of finance capital, the inherent limits to that accumulation, construction and department of monetary surplus, classification kin, and the stability of social forces that mould financial policy.

Instead of easily blaming the ‘irrational habit’ of industry avid gamers, as neoliberals do, or lax public supervision, as Keynesians do, this booklet specializes in the center dynamics of capitalist improvement that not just created the monetary bubble, but additionally fostered the ‘irrational habit’ of industry avid gamers and subverted public policy.

Due to its interdisciplinary viewpoint, this booklet can be of curiosity to scholars and researchers in economics, finance, politics and sociology.

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Bank Lending by Hong Kong Institute of Bankers (HKIB)

By Hong Kong Institute of Bankers (HKIB)

Sophisticated banking is essential for contemporary society to operate and prosper. Banks lend to contributors and firms yet accomplish that after conscientiously exploring the hazards they adopt to every customer.

This publication examines the $64000 position of lending in banking operations and the way banks can enforce secure and potent personal loan projects. Banks depend upon lending to become profitable, however it could be a dicy enterprise. it is crucial for banking execs to appreciate how you can mitigate these risks.

Bank Lending from the Hong Kong Institute of Bankers discusses numerous issues that influence a bank's mortgage procedure. this is often a necessary learn for applicants learning for the HKIB Associateship Examination and people who are looking to gather specialist wisdom of Hong Kong's financial institution lending system.

Topics coated during this ebook include:

  • Assessing and lowering lending risk

  • Understanding the buyer via monetary statements

  • Using ratios to figure out risk

  • Setting up an inner constitution to minimize risk

  • Pricing and coping with loans

Dah Sing financial institution is overjoyed to sponsor this imaginative e-book. The Dah Sing team is a number one monetary providers crew in Hong Kong, lively in delivering banking, coverage, monetary, and different similar prone in Hong Kong, Macau, and the People's Republic of China. The Dah Sing team has received a name as some of the most innovative and leading edge monetary prone teams. Keys to its good fortune are the energy of the Dah Sing administration crew and the group's dedication to serving its customers.

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Banking and Finance in West Germany (RLE Banking & Finance) by Hans Hermann Francke,Michael Hudson

By Hans Hermann Francke,Michael Hudson

This is a transparent consultant to the German economic system. It starts through outlining its old improvement, emphasising the expansion of shut ties among the banking process and undefined, and is going directly to describe in info the character of the credits associations normally and the money and capital markets.

The e-book emphasizes the an important function performed by means of the autonomy of the Bundesbank and it explains with transparent illustrations the tools to be had to it to behavior financial coverage. It analyses the kind of financial goal followed via the Bundesbank within the early Seventies and bargains with the ‘transferability’ of the West German economy to different international locations. at any place suitable, parallels and adjustments among that method and those working within the US and united kingdom are mentioned.

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American-Type Options: Stochastic Approximation Methods, by Dmitrii S. Silvestrov

By Dmitrii S. Silvestrov

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The booklet provides a systematical presentation of stochastic approximation equipment for types of American-type thoughts with common pay-off services for discrete time Markov cost tactics. complicated tools combining backward recurrence algorithms for computing of choice rewards and normal effects on convergence of stochastic area skeleton and tree approximations for choice rewards are utilized to various types of multivariate modulated Markov expense methods. The imperative novelty of awarded effects relies on attention of multivariate modulated Markov cost approaches and basic pay-off features, which could rely not just on expense but additionally an extra stochastic modulating index part, and use of minimum stipulations of smoothness for transition possibilities and pay-off capabilities, compactness stipulations for log-price approaches and cost of development stipulations for pay-off services. The publication additionally comprises a longer bibliography of works within the area.

This booklet is the 1st quantity of the excellent volumes monograph. the second one quantity will current effects on structural experiences of optimum preventing domain names, Monte Carlo dependent approximation gift algorithms, and convergence of American-type ideas for autoregressive and non-stop time types, in addition to result of the corresponding experimental studies.

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An Introduction to Investment Banks, Hedge Funds, and by David P. Stowell

By David P. Stowell

The dynamic setting of funding banks, hedge cash, and personal fairness organizations involves existence in David Stowell’s creation to the methods they problem and maintain one another. shooting their reshaped enterprise plans within the wake of the 2007-2009 worldwide meltdown, his booklet finds their key features, reimbursement structures, designated roles in wealth production and hazard administration, and epic battles for investor money and company impact. Its mixture of perspectives—drawn from his and educational backgrounds—delivers insights that remove darkness from the post-2009 reinvention and acclimation methods. via a large view of the methods those monetary associations have an effect on companies, governments, and members, Professor Stowell indicates us how and why they are going to proceed to undertaking their energy and influence.

  • Emphasizes the desires for capital, resources of capital, and the method of having capital to people who want it
  • Integrates into the chapters 10 instances approximately contemporary transactions, in addition to case notes and questions
  • Accompanies situations with spreadsheets for readers to create their very own analytical frameworks and think about offerings and possibilities

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Kommentar zum Versicherungsteuergesetz (German Edition) by Heiko Klaus Medert,Jochen Axer,Birgit Voß

By Heiko Klaus Medert,Jochen Axer,Birgit Voß

Mit einem Aufkommen von 12 Milliarden Euro im Jahr 2014 (das entspricht 12 % sämtlicher Bundessteuern) leistet die Versicherungsteuer einen erheblichen Beitrag zum Bundeshaushalt. Dadurch und durch zunehmenden Steuerdruck von Seiten der Finanzverwaltung steigen deren praktische Bedeutung sowie ihre Streitanfälligkeit.

Die letzte umfassende Kommentierung zum VersStG liegt knapp 50 Jahre zurück. Seither ist das VersStG in nicht weniger als 31 Gesetzen geändert worden. Auch die Einbettung des VersStG in das unionsrechtliche Rechtsgefüge des freien Dienstleistungsverkehrs ist von erheblicher Bedeutung und bedarf der Kommentierung.

Der Kommentar gibt eine fundierte und umfassende Erläuterung des geltenden Gesetzes unter Einbeziehung von dessen Rechtsentwicklung samt zugehöriger Rechtsprechung. Zugleich kommt eine kritische Auseinandersetzung mit den sich stellenden Zweifelsfragen nicht zu kurz. Als Informations- und Arbeitsmittel richtet er sich an sämtliche mit der Versicherungsteuer befassten Kreise, sowohl in der Praxis des Versicherungsgeschäfts als auch in der Finanzpolitik, der Finanzverwaltung, der Finanzrechtsprechung sowie der Finanzrechtswissenschaft.

Die Autoren sind in ihrem gesamten Berufsleben mit versicherungsspezifischen Steuerfragen, insbesondere im Spezialgebiet Versicherungsteuer, befasst. Sie kennen die Materie aus Sicht der Unternehmen, der Beratung, der Finanzverwaltung und - in der individual von Heiko Medert auf Grund seiner langjährigen Funktion als Leiter der Steuerabteilung des GDV - insbesondere auch in ihrer Entwicklungsgeschichte. Heute arbeiten die Autoren gemeinsam in der multidisziplinären axis BERATUNGSGRUPPE.

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Auswirkungen der Digitalisierung auf das Retail Banking by Julia Lehmann

By Julia Lehmann

Bachelorarbeit aus dem Jahr 2014 im Fachbereich BWL - financial institution, Börse, Versicherung, notice: 2,3, Leuphana Universität Lüneburg, Sprache: Deutsch, summary: Das Zeitalter der Digitalisierung hat schon längst begonnen und breitet sich weiter aus, wodurch sich unsere gesamte Umwelt verändert. Nachdem sich Geschäftsabläufe durch die Vereinfachung von Technologien, das Konsumverhalten durch den Onlinehandel und das Kommunikationsverhalten, durch soziale Netzwerke wie fb verändert haben, ist die Digitalisierung auch im Finanzsektor angekommen. Neben neuen Regulierungen, einem anhaltend niedrigen Zinsniveau und dem noch immer misstrauischen Kundenverhalten gegenüber den Kreditinstituten, zählt die Digitalisierung mit zu den Herausforderungen im Retail Banking. Die Digitalisierung mit ihren technischen Erneuerungen und technikaffinen, unzufriedenen Bankkunden fordert Veränderungen in der Bankenbranche. Vor allem verlangt die Digitalisierung eine grundlegende Reorganisation des Retail-Geschäfts. Wie jedoch sehen diese Veränderungen aus? Welche Auswirkungen hat die Digitalisierung auf das Retail-Banking?

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Handbook of Economic Forecasting: 2A - 2B by Graham Elliott,Allan Timmermann

By Graham Elliott,Allan Timmermann

The hugely prized skill to make monetary plans with a few sure bet in regards to the future comes from the center fields of economics.  lately the supply of extra information, analytical instruments of larger precision, and ex post stories of industrial judgements have elevated call for for info approximately fiscal forecasting. Volumes 2A and 2B, which follows Nobel laureate Clive Granger's quantity 1 (2006), be aware of significant subjects.  quantity 2A covers options in methodologies, particularly macroforecasting and forecasting monetary variables.  quantity 2B investigates advertisement applications, with sections on forecasters' ambitions and methodologies.  specialists offer surveys of a big diversity of literature scattered across applied and theoretical information journals in addition as econometrics and empirical economics journals.  The instruction manual of financial Forecasting Volumes 2A and 2B provide a special compilation of chapters giving a coherent assessment of forecasting concept and purposes in a single position and with updated bills of all significant conceptual issues.

  • Focuses on innovation in fiscal forecasting through applications
  • Presents coherent summaries of topics in fiscal forecasting that extend from methodologies to applications
  • Makes information about fiscal forecasting obtainable to students in fields open air economics

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Pricing and Risk Management of Synthetic CDOs: 646 (Lecture by Anna Schlösser

By Anna Schlösser

This publication considers the one-factor copula version for credits portfolios which are used for pricing artificial CDO buildings in addition to for chance administration and size purposes concerning the iteration of eventualities for the entire universe of probability components and the inclusion of CDO constructions in a portfolio context. For this aim, it's particularly very important to have a computationally quickly version that may even be utilized in a situation simulation framework. the well-known Gaussian copula version is prolonged in a variety of methods that allows you to increase its drawbacks of correlation smile and time inconsistency. additionally the applying of the big homogeneous phone assumption, that enables to tell apart among ranking periods, makes the version handy and robust for sensible functions. The Crash-NIG extension introduces a huge regime-switching function permitting the potential of a marketplace crash that's characterised by way of a high-correlation regime.

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