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001484619 001__ 1484619
001484619 003__ OCoLC
001484619 005__ 20240117003331.0
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001484619 008__ 231208s2023\\\\sz\a\\\\ob\\\\000\0\eng\d
001484619 019__ $$a1411352036$$a1412001913
001484619 020__ $$a9783031438721$$q(electronic bk.)
001484619 020__ $$a3031438728$$q(electronic bk.)
001484619 020__ $$z9783031438714
001484619 020__ $$z303143871X
001484619 0247_ $$a10.1007/978-3-031-43872-1$$2doi
001484619 035__ $$aSP(OCoLC)1412502078
001484619 040__ $$aGW5XE$$beng$$erda$$epn$$cGW5XE$$dOCLKB$$dYDX
001484619 049__ $$aISEA
001484619 050_4 $$aHG1707.7
001484619 08204 $$a332.1068/1$$223/eng/20231208
001484619 1001_ $$aSantoni, Alessandro,$$eauthor.
001484619 24510 $$aHow to value a bank :$$bfrom licensing to resolution /$$cAlessandro Santoni, Federico Salerno.
001484619 264_1 $$aCham :$$bSpringer,$$c[2023]
001484619 264_4 $$c©2023
001484619 300__ $$a1 online resource (xvi, 115 pages) :$$billustrations (some color).
001484619 336__ $$atext$$btxt$$2rdacontent
001484619 337__ $$acomputer$$bc$$2rdamedia
001484619 338__ $$aonline resource$$bcr$$2rdacarrier
001484619 4901_ $$aSpringer texts in business and economics,$$x2192-4341
001484619 504__ $$aIncludes bibliographical references.
001484619 5050_ $$aChapter 1. Introduction -- Chapter 2. Main Features of the Banking Business Model -- Chapter 3. Valuing a Bank in Going Concern -- Chapter 4. Banks M&a: Strategy and Valuation -- Chapter 5. Valuation in Resolution -- Chapter 6. Valuation in Liquidation -- Chapter 7. Loan Valuation -- Chapter 8. Financial Assets Valuation -- Chapter 9. Solvent Wind Down.
001484619 506__ $$aAccess limited to authorized users.
001484619 520__ $$aThis book gives an overview of the most common techniques used by analysts and experts to assess and value banks in all phases of a Bank’s life, from licensing to resolution. These include licensing procedures, going concern market valuation techniques, liquidation, and resolution methodologies. The author sheds light on financial institutions’ reporting and financial statements and explains how to interpret the data. Special attention is given to the different valuation approaches for financial institutions ranging from the basic PE and PBV methodologies to the more sophisticated ones such Discount cash flow (DCF), Dividend discount model (DDM), excess return models (EVA), and their variant, the warranted equity value (WEV) method. The authors also illustrate how to build a sum-of-the-parts model (SOTP) and how to treat capital in the process as well as developing a bottom-up approach for the cost of equity. The book provides numerous real-world examples which will hopefully help practitioners build their own MS Excel models. Furthermore, this publication investigates some of the critical aspects of banking M&A and its valuation implications. This book also takes a deep dive into valuation for Banks in gone concern status, describing the basis for three different types of valuation of Banks in resolution: to inform a decision on whether to put a bank into resolution; to inform the choice of resolution tools and the extent of any bail-in of liabilities; and to determine whether any creditors would have been better off had the bank gone into insolvency. Special attention is given to the valuation of non-performing loans (NPLs) and financial assets focusing on some operational aspects of winding-down a bank’s loan and trading book portfolio.
001484619 588__ $$aOnline resource; title from PDF title page (SpringerLink, viewed December 8, 2023).
001484619 650_0 $$aBanks and banking$$xValuation.
001484619 655_0 $$aElectronic books.
001484619 7001_ $$aSalerno, Federico,$$eauthor.
001484619 77608 $$iPrint version: $$z303143871X$$z9783031438714$$w(OCoLC)1393243912
001484619 830_0 $$aSpringer texts in business and economics.$$x2192-4341
001484619 852__ $$bebk
001484619 85640 $$3Springer Nature$$uhttps://univsouthin.idm.oclc.org/login?url=https://link.springer.com/10.1007/978-3-031-43872-1$$zOnline Access$$91397441.1
001484619 909CO $$ooai:library.usi.edu:1484619$$pGLOBAL_SET
001484619 980__ $$aBIB
001484619 980__ $$aEBOOK
001484619 982__ $$aEbook
001484619 983__ $$aOnline
001484619 994__ $$a92$$bISE