Download Rogues of Wall Street: How to Manage Risk in the Cognitive by Andrew Waxman PDF

By Andrew Waxman

Reduce or hinder probability failure losses with new and rising technologies

Rogues of Wall Street analyzes the new hazard disasters and blunders that experience beaten Wall highway for the previous decade. Written via a veteran chance, compliance, and governance expert, this ebook is helping financial institution leaders and specialists establish the instruments they should successfully deal with operational chance. mentioning forms of chance occasions corresponding to: Rogue and Insider buying and selling, cyber defense, AML, the personal loan hindrance, and different significant occasions, chapters within the first 1/2 the e-book aspect each one operational chance kind besides its causative and contributing components. the second one half the ebook takes an overarching method of the instruments and strategies on hand to monetary associations to control such occasions sooner or later. From know-how, to tradition, to governance, and extra, this ebook does greater than easily establish the problem—it offers real-world ideas with actionable insight.

Expert dialogue identifies the instruments monetary associations have at their disposal, and the way those instruments might be leveraged to create an atmosphere during which catastrophic occasions are avoided or mitigated. In-depth perception from an expert offers thought-provoking suggestions for leaders looking better hazard administration, and particularly addresses how to:

  • Analyze significant operational probability incidents and their underlying causes
  • Investigate the instruments that permit companies to avoid and mitigate catastrophic events
  • Learn how tradition and governance will be optimized to help potent chance management
  • Identify ways that cognitive applied sciences might support your company keep away from losses

Cognitive applied sciences have the aptitude to revolutionize the best way enterprise is finished; taking away the speed/cost/quality trade-off, those new and rising instruments are heralding the following jump within the evolution of threat administration. Rogues of Wall Street exhibits you ways deliver those instruments into your company, and the way they could give a contribution on your monetary success.

Show description

Read or Download Rogues of Wall Street: How to Manage Risk in the Cognitive Era PDF

Similar finance books

Solutions Manual for Investments

Ready via Bruce Swenson of Adelphi college, the coed ideas guide offers certain strategies to the tip of bankruptcy difficulties. The author’s involvement within the of completion of the strategies guide guarantees consistency among the answer ways within the examples featured in the textual content and people provided within the guide.

Investment Valuation: Tools and Techniques for Determining the Value of Any Asset

The definitive resource of knowledge on all issues on the topic of funding valuation instruments and techniques

Valuation is on the center of any funding determination, no matter if that call is purchase, promote or carry. however the pricing of many resources has turn into a extra advanced job in glossy markets, specially after the new monetary concern. as a way to succeed at this undertaking, you need to have an organization figuring out of the correct valuation thoughts. One valuation e-book sticks out as withstanding the try of time between traders and scholars of monetary markets, Aswath Damodaran'sInvestment Valuation.

Now thoroughly revised and up to date to mirror altering marketplace stipulations, this 3rd version comprehensively introduces funding execs and scholars to the variety of valuation types to be had and the way to selected the fitting version for any given asset valuation state of affairs. This version comprises valuation strategies for an entire host of actual strategies, start-up organizations, unconventional resources, distressed businesses and personal fairness, and actual property. All examples were up-to-date and new fabric has been added.

totally revised to include valuation classes discovered from the final 5 years, from the industry main issue and rising markets to new kinds of fairness investments
contains valuation practices around the lifestyles cycle of businesses and emphasizes price enhancement measures, akin to EVA and CFROI
incorporates a new bankruptcy on probabilistic valuation innovations equivalent to selection bushes and Monte Carlo Simulation
writer Aswath Damodaran is considered the most effective educators and thinkers with regards to funding valuation

This fundamental advisor is a needs to learn for an individual wishing to achieve a greater realizing of funding valuation and its tools. With it, you could take the insights and suggestion of a famous authority at the valuation procedure and instantly positioned them to give you the results you want.

The Power of Practice Management: Best Practices for Building a Better Advisory Business

The facility of perform administration exhibits you the “how,” “why” and “what” of taking your corporation to the following point, introducing you to most sensible practices and the considering at the back of activities of a few of the industry’s top-quartile agencies. writer Matt Matrisian leads you on a trip packed with fascinating rules and bottom-line classes that educate you ways to paintings in your enterprise, not only in it.

Rogues of Wall Street: How to Manage Risk in the Cognitive Era

Lessen or hinder probability failure losses with new and rising applied sciences Rogues of Wall highway analyzes the new danger disasters and error that experience crushed Wall road for the earlier decade. Written by way of a veteran possibility, compliance, and governance professional, this booklet is helping financial institution leaders and specialists establish the instruments they should successfully deal with operational danger.

Additional info for Rogues of Wall Street: How to Manage Risk in the Cognitive Era

Example text

However, there is very little regulation of such companies, and it is easy to see how such legitimate research can turn into passing on inside information. The inside information industry would not exist without the demand of users. 5 So what is it about hedge funds that have given rise to this trend? Hedge funds have grown ever more ubiquitous as more and more traders from large banks, frustrated with red tape and declining pay, have left to set up their own shops. These are typically aggressive types, quite different from the portfolio managers of the more traditional and conservative asset management firms.

It’s “the same thing as trading by the tipper followed by a gift of the proceeds,” the Court wrote in its opinion. Salman’s conduct, the Court added, “is in the heartland” of rules that define insider trading. 5. Several hedge funds closed following insider trading scandals: ■ The Galleon Group was one of the largest hedge fund management firms in the ■ ■ ■ ■ world, managing over $7 billion before closing in October 2009 following an insider trading scandal. The firm was founded by Raj Rajaratnam, a former equity research analyst and eventual president of Needham & Company, in 1997.

Com/2012/06/15/rajat-gupta-convicted-of-insider-trading/. 4. Recent court cases in insider trading include: The Second Circuit in United States v. Newman in December 2014 and the Supreme Court in United States v. Salman in December 2016. The latter upheld a conviction for trading on inside information, arguing that the tipper need not receive a tangible or material benefit from his tips, saying that giving inside information to “a relative or friend” is in itself enough of a 36 Rogues of Wall Street quid-pro-quo personal benefit.

Download PDF sample

Rated 4.91 of 5 – based on 30 votes