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A review of recent books on credit risk

✍ Scribed by Dr Til Schuermann


Publisher
John Wiley and Sons
Year
2005
Tongue
English
Weight
104 KB
Volume
20
Category
Article
ISSN
0883-7252

No coin nor oath required. For personal study only.

✦ Synopsis


This definition is used in the New Basel Capital Accord (BIS, 2001, Β§547). 2 The purpose of capital is to provide a cushion against losses for a financial institution. The literature on the general rationale for capital regulation in financial institutions is extensive and has been the subject of several recent surveys (


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