This study aims to demonstrate the utility of derivative financial instruments for the management of interest rate risk that is faced by banks and financial institutions, and to provide an efficient flow of monitoring and control thereof. Banking institutions can now use a combination of balance...

A world dominated by a long difficult economic period is likely to have deeper negative effects on all business aspects. Mergers and acquisitions sector is one of the sectors affected by crisis and the problems that will occur during 2013 are expected to be bigger and to represent a great...

The global financial crises that affected the world economy starting with 2008 have at least three factors of great influence. However, the general opinion and the conclusions of researches conducted are that one of the most significant factors that is the increase dealing with more complex...

This paper aims to investigate the impact of the global financial crisis on the young Romanian market of derivative securities. It also describes the recent developments within Romanian capital market, in general, with focus on innovation in the field of derivative products.