Credit-linked notes: Overview

Credit-linked notes (CLNs) are financial instruments that can generally be used to simultaneously raise term funding, hedge credit risk, meet financial reporting objectives, and–in some cases–improve bank regulatory capital ratios.  Here is an outline of…

Biological asset valuation

This is a highly-technical article directed towards finance professionals, accountants, and auditors involved in corporate financial reporting; more specifically, for those professionals who have responsibility with understanding or complying with the biological asset valuation requirements…

Distressed credit portfolio valuation

The prolonged global economic downturn, begun in 2008-2009, has resulted in large distressed credit portfolios in banks and is putting them in potential non-compliance with Basel III capital requirements.  Here’s what bankers should know ……