Andrew G Lacey

Analyzing Financial Institutions Andrew G Lacey

In his previous two books, the Author explained how to analyze Corporates (industrial, manufacturing, retail and non-financial services firms) and Insurance Companies. In this book, he explains how to analyze other financial institutions, including banks, hedge funds, other investment vehicles, and broker-dealers. Of paramount importance is understanding the Management team's strategy, which is a primary reason for financial institution failure; the quality of external regulation, and internal risk management practices. The reader is shown how to analyze these issues effectively, as well as to determine the financial well-being of the entity being assessed.