昆士兰代写ESSAY:银行风险
ASSIGNMENT代写

昆士兰代写ESSAY:银行风险

2017-02-04 14:51

银行遭受的风险进行了讨论。为了更准确地了解他们,以雷曼兄弟为例。分析了2007以来全球金融危机中的风险。雷曼兄弟是由Henry Lehman在1844,在1858的雷曼兄弟在纽约开了第一支,1887雷曼兄弟得到了纽约证券交易所的会员,并在本世纪初,雷曼兄弟集中在次级抵押贷款结合金融工具的一些其他类型的管理。次级市场繁荣,回报却高风险。雷曼兄弟在2008 9月15日遭遇破产,雷曼兄弟太大而不能倒闭的信念破裂。 随着宽松信贷政策后2001由美联储发行,在美国房地产市场的繁荣,和过度的贷款被提升了。在此期间,雷曼兄弟的角色是鼓励那些无力承担贷款的借款人。因此,雷曼兄弟在金融危机开始时就不得不处理诉讼,损失巨大。在抵押贷款市场的集中使得雷曼兄弟拖欠债务抵押债券和住房价格的崩溃概率敏感。因此,在夏季2007时,次级抵押贷款违约增加,雷曼兄弟遭受了很多。这是交易对手的风险,当一方违约时,银行也遭受。雷曼兄弟的盈利能力受到2007年3月14日股价下跌的巨大影响。与此同时,雷曼兄弟也遇到了流动性问题。投资者撤回他们的资金,失去了信心,当商业票据的信用评级下降。雷曼兄弟买不起自己的资产。这是由于违约风险和流动性风险导致的破产风险

昆士兰代写ESSAY:银行风险

The risks banks suffer from are discussed above. In order to know them more exactly, in this part Lehman Brothers was taken as an example. Its risks during the global financial crisis since 2007 are analyzed. Lehman Brothers was founded by Henry Lehman in 1844, in 1858 a first branch of Lehman Brothers was opened in New York, in 1887 Lehman Brothers got the membership of New York Stock Exchange, and during 2000s, Lehman Brothers focused on the management of subprime mortgages combing with some other kinds of financial instruments. The subprime market was booming with returns but high risks. Lehman Brothers suffered the bankruptcy on September 15th 2008 breaking down the faith that Lehman Brothers is too big to fail.
With easing credit policy issued by the Federal Reserve after 2001, the housing market boomed in the USA, and excessive loans were promoted. The role of Lehman Brothers during this period was to encourage borrowers who cannot afford taking loans. As a result, Lehman Brothers had to deal with lawsuits at the beginning of this financial crisis and suffered great losses. The concentration on the mortgage market makes Lehman Brothers sensitive to the probability of default of CDOs and the downfall in the housing price. So in summer 2007 when subprime mortgage defaults increased, Lehman Brothers suffered a lot. That is counterparty risk that when one party default, the bank also suffered. The profitability of Lehman Brothers was greatly affected as the drop of stock prices on March 14, 2007. This, at the same time, made Lehman Brothers come across with liquidity problem. The investors draw back their funds and lost the confidence when the credit rating of commercial paper was down. Lehman Brothers cannot afford what it had borrowed by its own asset. This comes to the insolvency risk resulting from default risk and liquidity risk.