Valuing a bank : under IFRS and Basel III

Product Description


A hands-on tutorial designed to unravel the complexities of valuation, leading you through the application of specific models while explaining the tools and applications under International Financial Reporting Standards and now updated to include the Basel III environment in light of the new regulatory environment since the financial crisis. Understand how bank mergers add value and appreciate the presentation characteristics of a bank that adheres to IFRS norms. Gain insight into the importance of credit derivatives and learn how to benefit from their use while discovering how to choose your targets effectively. In the new edition, case studies have been updated in response to current market restraints and the scope of valuation models has been broadened. Essential reading for shareholders, owners and prospective owners of commercial banks, financial and security analysts, credit analysts, bank managers, financial consultants, accounting professionals, lawyers and business appraisers.


About the Author


Waymond Anthony (Tony) Grier CFA is a credit and financial analyst, training specialist, and bank consultant with more than 20 years international banking experience. He has held management positions in the Paris offices of Bank of America (Fleet Boston), ING Bank, Standard Chartered Bank, and WestLB. His reputation extends from the start-up to the full management of credit departments, loan administration and project appraisal and lending. Tony has trained extensively in Western, Central and Eastern Europe, the former Soviet Union, Central and Far East Asia, and many African countries. His subjects include company and bank valuation, corporate finance, SME lending, project finance, investment appraisal, credit and cash flow analysis, and financial institutions analysis. He is also a lecturer in finance, accounting and investment analysis at major business schools in Paris. Tony is a Chartered Financial Analyst (CFA), a member of the Association for Investment Management and Research (AIMR) and a correspondent member of the French Financial Analysts Association and has an MBA from Yale University School of Management (New Haven, CT, USA). He is also a successful author and his books include Valuing a Bank (Euromoney 2nd Edition 2010), Credit Analysis in Emerging Markets (Euromoney 1995 Asia), and Credit Analysis of Financial Institutions (Euromoney 2nd Edition 2007 London).