Banc One Corp.: Asset and Liability Management (294-079)

Tufano, Peter and Esty, Ben (1994) Banc One Corp.: Asset and Liability Management (294-079). [Case]

Abstract

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.

Item Type: Case
Keywords: finance accounting, business law, finance
Subject(s): Finance
Date Deposited: 01 Apr 2016 13:02
Last Modified: 01 Mar 2017 15:20
Funders: n/a
URI: http://eureka.sbs.ox.ac.uk/id/eprint/6046

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