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商品編號: 9-294-079 出版日期: 1994/02/25 作者姓名: Tufano, Peter;Esty, Benjamin C. 商品類別: Finance 商品規格: 29p 再版日期: 2008/07/01 地域: Ohio 產業: Banking and investment industry 個案年度: 1993 - 1993
商品敘述:
Banc One''s share price has been falling recently due to analyst and investor concern over the bank''s heavy use of interest rate derivatives. Dick Lodge, chief investment officer in charge of the bank''s investment and derivative portfolio, must recommend to the CEO a course of action to allay investors'' fears and communicate to the market the reasons for Banc One''s use of derivatives. The bank uses interest rate swaps to manage the sensitivity of its earnings to changes in interest rates and as attractive investment alternatives to conventional securities.
涵蓋領域:
Corporate governance;Financial statements;Fixed income securities;Interest rates;Legal liability;Portfolio management;Risk management
相關資料:
Case Teaching Note, (5-298-039), 14p, by Peter Tufano;Spreadsheet Supplement, (XLS743), 0p, by Benjamin C. Esty, Peter Tufano
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