Monthly Archives: March 2015

Credit risk for a living

All is well when credit risk is under control. A bank is surely supposed to know how to lend to creditworthy borrowers because it has all the bells and whistles the trade may require. And it certainly expects that some borrowers may stumble and fall on their timely debt service

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Posted in Economics
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Securities markets efficiency: not so inefficient

Financial economics has professed securities markets efficiency since long when markets could actually offer arbitrage opportunities to the rich and the poor. It was probably enough to grab a copy of your favorite financial newspaper like The Wall Street Journal and by going through the headlines you could come across

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Posted in Economics
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