{"product_id":"the-valuation-of-financial-companies-9781118617335","title":"The Valuation of Financial Companies","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003eThis book presents the main valuation approaches that can be used to value financial institutions.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003e\u003cp\u003e\u003ci\u003ePreface vii\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003ci\u003eAcknowledgments ix\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003e1 Bank Business Models 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e1.1 Economics of banking 1\u003c\/p\u003e \u003cp\u003e1.2 Commercial banks 3\u003c\/p\u003e \u003cp\u003e1.3 Investment banks 7\u003c\/p\u003e \u003cp\u003e\u003cb\u003e2 Financial Statements Analysis for Banks 15\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e2.1 Balance sheet 15\u003c\/p\u003e \u003cp\u003e2.2 The US GAAP for banks 44\u003c\/p\u003e \u003cp\u003e2.3 Profit \u0026amp; loss statement 49\u003c\/p\u003e \u003cp\u003e2.4 Major differences between IAS\/IFRS and US GAAP 51\u003c\/p\u003e \u003cp\u003e2.5 Example of IAS\/IFRS application 54\u003c\/p\u003e \u003cp\u003e\u003cb\u003e3 The Regulatory Capital for Banks 61\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e3.1 Regulatory capital requirements 61\u003c\/p\u003e \u003cp\u003e3.2 Basel II 68\u003c\/p\u003e \u003cp\u003e3.3 The reform of Basel III 73\u003c\/p\u003e \u003cp\u003e3.4 Managing the regulatory capital 78\u003c\/p\u003e \u003cp\u003e\u003cb\u003e4 Assessing and Preparing the Business Plan for a Bank 81\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e4.1 Status quo analysis 82\u003c\/p\u003e \u003cp\u003e4.2 Internal consistency 85\u003c\/p\u003e \u003cp\u003e4.3 External consistency 92\u003c\/p\u003e \u003cp\u003e4.4 The forecasting model of a bank 96\u003c\/p\u003e \u003cp\u003e\u003cb\u003e5 Bank Valuation 105\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e5.1 Why bank valuation is different 105\u003c\/p\u003e \u003cp\u003e5.2 Discounted returns model 108\u003c\/p\u003e \u003cp\u003e5.3 Relative valuation 123\u003c\/p\u003e \u003cp\u003e5.4 Asset\/liability-based valuation 137\u003c\/p\u003e \u003cp\u003e5.5 The sum of the parts framework 143\u003c\/p\u003e \u003cp\u003e5.6 Bank valuation in M\u0026amp;A 144\u003c\/p\u003e \u003cp\u003e5.7 The valuation of Wells Bank 148\u003c\/p\u003e \u003cp\u003e\u003cb\u003e6 Insurance Business Models and Financial Statements 159\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e6.1 The business model of insurance companies 159\u003c\/p\u003e \u003cp\u003e6.2 Segmentation by products 160\u003c\/p\u003e \u003cp\u003e6.3 Distribution channels 162\u003c\/p\u003e \u003cp\u003e6.4 Insurance balance sheet under US GAAP 162\u003c\/p\u003e \u003cp\u003e6.5 Insurance contracts under IAS\/IFRS 167\u003c\/p\u003e \u003cp\u003e6.6 Case study 172\u003c\/p\u003e \u003cp\u003e\u003cb\u003e7 Regulatory Capital for Insurance Companies 177\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e7.1 Insurance industry regulation in the US 177\u003c\/p\u003e \u003cp\u003e7.2 Current US system 178\u003c\/p\u003e \u003cp\u003e7.3 Solvency II – European-based regulation 181\u003c\/p\u003e \u003cp\u003e7.4 Main differences between solvency II and US regulation 190\u003c\/p\u003e \u003cp\u003e\u003cb\u003e8 Assessing the Business Plan for an Insurance Company 193\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e8.1 Status quo analysis 193\u003c\/p\u003e \u003cp\u003e8.2 Internal consistency 195\u003c\/p\u003e \u003cp\u003e8.3 External consistency 200\u003c\/p\u003e \u003cp\u003e8.4 The forecasting model 204\u003c\/p\u003e \u003cp\u003e\u003cb\u003e9 Insurance Companies Valuation 209\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e9.1 Appraisal value 209\u003c\/p\u003e \u003cp\u003e9.2 Relative valuation 215\u003c\/p\u003e \u003cp\u003e9.3 The case of “general insurance” 216\u003c\/p\u003e \u003cp\u003e\u003cb\u003e10 The Valuation of Other Financial Companies 227\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e10.1 The valuation of finance companies 227\u003c\/p\u003e \u003cp\u003e10.2 The valuation of funds 229\u003c\/p\u003e \u003cp\u003e\u003ci\u003eReferences 233\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003ci\u003eIndex 235\u003c\/i\u003e\u003c\/p\u003e","brand":"John Wiley \u0026 Sons Inc","offers":[{"title":"Default Title","offer_id":49406895194455,"sku":"9781118617335","price":58.5,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9781118617335.jpg?v=1730497476","url":"https:\/\/bookcurl.com\/products\/the-valuation-of-financial-companies-9781118617335","provider":"Book Curl","version":"1.0","type":"link"}