2 Ergebnisse.

Grace O'Neill passes away peacefully after a long and eventful life. Denied at Heaven, she reluctantly heads the other way. But Hell is not that bad a place: barbecues, drinks with paper umbrellas, and concerts with dead rock stars - with all the truly bad souls exiled to the formless void of Limbo. But one such undesirable soul breaks out of Limbo, threatens both Hell and Heaven, and seeks to remake the universe in his own image. Ever optim...

One of the major problems faced by banks is how to manage the risk exposure in large portfolios. According to Basel II regulation banks has to measure the risk using Value-at-Risk with confidence level 99%. However, this regulation does not specify the way to calculate Value-at-Risk. The easiest and most common way to calculate Value-at-Risk is to assume that portfolio returns are normally distributed. The previous crisis shows that the regula...