In the research “Interest rate risk in the Indian banking system” of Ila Patnaik and Ajay Shah (2002) studied the interest rate risk measurement of sample of major banks in Indian, they used two methods. The first method consists of estimation on the impact upon equity capital of standardized interest rate shocks to find that “approximately two-thirds of the banks in the sample stand to gain or lose over 25% of equity capital if the interest rate moves 320 basis points”. It is found that with the use of the second method to measure the elasticity of bank stock prices to interest rate fluctuations, “the stock prices of about one-third of the sample banks had significant sensitivities”.
Regards to application of the repricing model and gap analysis
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Kaufman stated in his research “ Measuring and managing interest rate risk: A primer” said that the duration model is an accurate tool for measuring interest rate risk of a financial institution despite of its high cost and complicated application. Banks and other depository institutions should consider use of duration analysis to measure and manage interest rate risk exposure reliably. Marek Ličák (2014) stated in “ On the measurement of interest rate risk” that: “duration, similarly as gap analysis, is founded on static view of the size and structure of financial flows, which significantly limits the use of the results of such measurements for strategic purposes. “The duration gap method, in contrast to gap analysis. Provides a more comprehensive view of interest rate risk”. After performing appropriate modifications, leading to an overall coverage of the basic interest sources, the duration gap method can serve as the main instrument for measuring interest rate risk. Dan Armeanu, Florentina-Olivia Bãlu and Carmen Obreja (2008) said in the article: “Interest rate risk management using duration gap methodology” that: the article took a short look at the methods for measuring interest rate risk and then explained and demonstrated how the duration gap model can be utilized for measuring and managing interest rate risk in banks. In “Can an accounting based duration model effectively measure interest rate sensitivity” of Gregory E. Sierra (2009) concluded that sophisticated banks can utilize accounting information together with duration analysis as a proxy to forecast the sensitivity of interest rate of banks and publicly traded firm that banks are keeping the transactions. Rahul Chaudhury (2013) concluded in the research “ Interest rate risk modeling for banks” that: “the larger the duration gap, the higher is the institutions risk exposure for a
section{Evaluation} label{sec-analyze} vspace{-0.08in} We evaluate Tarax with the six popular server applications described above. We first perform experiments to compare the performance and code sizes of the Tarax-optimized kernels and the vanilla kernel. We then perform dynamic profiling on the kernels to collect detailed statistics on instruction cache misses and branches. Finally, we switch on specific GCC optimizations with and without profile feedback, respectively, to collect performance numbers.
D-The patient was placed on HOLD to address her no show for last week. This writer asked the patient if she was okay with tomorrow 's appointment based on her appointment letter. The patient to do the session today since she 's already present and waited for this counselor. This writer agreed to conduct the session. Reports stable on her dose and deny the need for a dose decrease as she denies any cravings/withdrawals.
The overall message Dara Grumdahl is revealing to her readers is that todays society has become more preoccupied by trends, materials, and not so much of what is real. . Dara uses the season fall as a perfect case. She says, for example, that Americans once ate hundreds more apples during the season years ago than we do today showcasing just one thing we slowly hve forgotten. Flavors of foods such as these apples, polenta, shellfish, hops, sweet corn, and brie will never be advertised on a digital screen in an everyday coffee shop during the fall, but they are what is real about the season. Fall is agreeably much more than a cozy drink, it is filled with foods, events, colors, and more that you truly can not just buy in a drive through,or
HIRSCHBERG’S PROFILE JUSTIFIED “M.I.A.’s Agitprop Pop”, a profile by Lynn Hirschberg, New York times is a critical portrayal of Maya Arulpragasam, also known as M.I.A., who is famous for the rap songs with controversial lyrics. In this profile Hirschberg gives and impression of M.I.A. being a hypocrite . Maya was born in Hounslow, United Kingdom moved to Sri Lanka when she was six months old. Maya’s father was one of the founders of the Eelam Revolutionary Organization of Students (EROS), because of which she was closely related to the war like situation between the Sinhalese Government and the tigers in Sri Lanka. M.I.A. tried to bring light on the issues in Sri Lanka in front of the people by her music.
In this short story, “In the Gloaming” by Alice Elliott Dark, the main characters learn that you should spend as much time as possible with family, make and never forget memories together, and how to accept death. Although the characters learn these lessons the hard way, in the end they come to understand the value of them. People will always tell you how valuable time is, but I didn't realize how true this statement is until reading this short story. In the story, it is mentioned how Laird’s dad and mom didn’t spend a lot of time with him. In the story, it states, “She had as much of him now as she had when he was an infant.”
1.Plantation fiction Plantation fiction glorifies slavery and worships slave masters and tells of story of loyal slaves who would never betray their master. The Passing of Grandison is a critique of plantation fiction. Dick Owens, son of a wealthy slave master is in pursuit of Charity Lomax who told him “I’ll never love you Dick Owens, until you have done something. When that time comes, I’ll think about it.”. Dick sets a plan to take his servant Tom on his trip to the north.
English essay The story Walking The Boundaries written by Jackie French starts as Martin, a young boy going to his grandfathers house. Martin comes to walk the boundaries of the farm that has been in his family for generations. It sounds easy especially because he’ll own the land when he gets back. Along martins journey he meets two characters from past generations, Meg and Wulamudulla.
Gustavsson discuss the cause and effects of permanency placement for children and youth could lead to instability in the foster homes. The article has shown that “youth who exit care to a legal permanent relationship do better than those who emancipate” (Stott and Gustavsson, 2009, p. 623). In the emancipation stage (aging out) Arizona foster care system lead to risk factors. Not gaining legal placement jeopardized how a child interaction in a relationship setting towards authoritative figures just show a lack of trust the child had due to the child’s situation. Understanding that Arizona success of placement was guaranteed but it brought forth the question of instability of the permanency planning and how it resulted instability of the youth
“The Space Between Stars” was written by Geeta Kothari. The short story is about an Indian Girl named Maya who immigrated to America at a young age. The story shows what she went threw growing up as a female immigrant and all the situations he had to overcome. Through out the story I learned that there are women who struggle to show how they feel and how brave and compassionate a woman can be. I already had a great appreciation for women because my mother raise me on her own for the first two years of my life.
Sustainment is defined per ADP 4-0 as the “provision of logistics, personnel services and health service support necessary to maintain operations until successful mission completion.” This is usually compared to specific battles or even a specific theater that the Army sustains for combat operations. However, a major sustainment operation, that we can all agree that it’s less than perfect, is personnel force reduction cuts. When it comes to force shaping, the Army has no clear standard in how or when to actually increase or decrease in numbers. This often happens against leader’s request and does not match our mission statement to accomplish sustainment operations or future operations.
In the article “Where Are the Missing Masses? The Sociology of a Few Mundane Artifacts”, Bruno Latour explores how artifacts can be designed to shape human action and that technology mostly rely on human interaction to function. He argues that technologies shape the decisions we make, the effects our actions have, and the way we move through this world. Providing examples from the door closers, and engineers among others, Latour emphasize the importance of the interaction between humans and technology. He studies the relationship between humans (the creator) and machines (the creation) and shows how the use of technology can help achieve certain goals and values.
As mentioned by Ingram, CTE is generally considered “coherent”. He argues that it is most often used to measure risk over multi-year time frames that are needed to view risk. With the computing power in modern technologies, the capability to measure long-term risk makes CTE a more desirable metrics in risk management. The CTE metric reflect the outcomes in tail events, so that one can understand the impact when such events occur. Its primary benefit over the VaR metric is that it considers the complete distribution of scenarios that can occur within the tail.
In order to identify red flags for risk management from various financial risk ratios, models, and traditional ratios for Bear Stearns and Lehman Brothers, we list our calculation results below. Based on our calculation, Bear Stearns got 15 red flags, which occupied 68% of total red flags, while Lehman Brothers 12 red flags, occupying 55% of total red flags. These two numbers were high even compared with other investment banks, and companies committed fraudulent activities. In summary, both Lehman Brothers and Bear had high possibility of going bankruptcy.
Weaknesses However, there are some limitations in the use of the project’s results. Our project is focusing on the Hong Kong banking industries. Therefore, the results cannot be used in other industries or areas, because of the different situations and environments. In addition, the regression results are built on the basic dividend theories.
Exposure to credit risk is managed in part by obtaining collateral and corporate and personal guarantees. Counterparty limits are established by the use of a credit classification system, which assigns each counterparty a risk rating. Risk ratings are subject to regular revision. Liquidity Risk Liquidity risk is the risk that the company is unable to meet its payment obligations associated with its financial liabilities when they hall due and to replace funds when they are withdrawn. GK’s liquidity management process, as carried out within the Group through the ALCOs and treasury departments includes: o Monitoring future cash flows and liquidity on a daily basis o Maintaining a portfolio of highly marketable and diverse assets that can easily be liquidated as protection against any unforeseen interruption to cash flow o Maintaining committed lines of credit Currency Risk Currency risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate because of changes in foreign exchange rates.