11.08.2013 Views

Bank Management

Bank Management

Bank Management

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

1.3 Commercial <strong>Bank</strong>ing vs. Investment <strong>Bank</strong>ing<br />

1.3.2 Systematization y<br />

of Investment <strong>Bank</strong>inng<br />

g<br />

Derivatives<br />

Based on another instrument<br />

Increases flexibility<br />

Most popular: options, futures<br />

Currencies<br />

Important for cross-border investments<br />

Commodities<br />

Trade in standardized goods and servicces<br />

Most important: oil, metals, food, energy<br />

Real estate<br />

Costly y individual pricingg<br />

Important asset class<br />

Trade got easier with REITs<br />

Important sector for investment banks<br />

Prof. Dr. Hans-Peter Burghof, University of Hohenheim, <strong>Bank</strong> <strong>Management</strong><br />

– hedging!<br />

31

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!