Codes of Finance : Engineering Derivatives in a Global Bank

Vincent Antonin Lépinay

Main description: The financial industry’s invention of complex products such as credit default swaps and other derivatives has been widely blamed for triggering the global financial crisis of 2008. In Codes of Finance, Vincent Antonin Lépinay, a former employee of one of the world’s leading investment banks, takes readers behind the scenes of the equity derivatives business at the bank before the crisis, providing a detailed firsthand account of the creation, marketing, selling, accounting, and management of these financial instruments—and of how they ultimately created havoc inside and outside the bank.

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Year of publication:	2015
Authors:	Lépinay, Vincent Antonin
Publisher:	Princeton, N.J. : Princeton University Press
Subject:	Derivat \| Derivative \| Finanzprodukt \| Financial product \| Investmentbank \| Investment bank \| Finanzdienstleistung \| Financial services \| International
Description of contents:	Table of Contents [gbv.de] ; Description [degruyter.com] ; Description [degruyter.com] ; Description [degruyter.com]

Extent:	Online-Ressource (304 S.)
Type of publication:	Book / Working Paper
Language:	English
Notes:	FrontmatterContentsAcknowledgmentsPreface Financial Innovation from within the BankPrologue A Day in a Trader’s LifeIntroduction Questioning FinanceFrom Models to BooksChapter 1 Thinking Financially and Exploring the CodeChapter 2 Hedging and Speculating with PortfoliosTopography of a Secret ExperimentChapter 3 The Trading Room as a MarketChapter 4 The Memory of BankingPorous Banking: Clients and Investors in Search of AccountsChapter 5 Selling Finance and the Promise of ContingencyChapter 6 The Costs of PriceChapter 7 Reverse FinanceConclusion What Good Are Derivatives?Appendix A Capital Guarantee Product: The Full ProspectusNotesBibliographyIndex. In English
ISBN:	978-1-4008-4046-5 ; 978-1-4008-4046-5 ; 978-0-691-16395-6
Other identifiers:	10.1515/9781400840465 [DOI] 10.1515/9781400840465?locatt=mode:legacy [DOI]
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014482145