"A detailed, expert-driven guide to today's major financial point of interest The xVA Challenge: Counterparty Credit Risk, Funding, Collateral, and Capital is a practical guide from one of the leading and most influential credit practitioners, Jon Gregory. Focusing on practical methods, this...

"In 2007, a so-called credit crisis began. This crisis eventually became more severe and long-lasting than could have ever been anticipated. One result of the "global financial crisis" was a clear realisation that banks needed to be subject to much stricter regulation and conservative...

The growth of the structured credit market gave rise to many complex collateralised debt obligation (CDO) structures and, prior to the beginning of the global financial crisis in 2007, the CDO was seen as a successful financial innovation. However, CDOs have since been blamed for partly causing...

Intro -- Series -- Title page -- Copyright -- Dedication -- Lists of Spreadsheets -- Lists of Appendices -- Acknowledgements -- About the Author -- 1 Introduction -- 2 The Global Financial Crisis -- 2.1 Pre-crisis -- 2.2 The crisis -- 2.3 Regulatory reform -- 2.4 Backlash and criticisms -- 2.5 A...

The Global Financial Crisis, from 2007 onwards, illustrated the inherent weaknesses in the global financial system and some of their causes. In particular over-the-counter (OTC) derivatives were blamed by many for partially causing and catalysing the crisis. Not surprisingly, this has led to...