OPTIMISING DISTRESSED LOAN BOOKS: PRACTICAL SOLUTIONS FOR DEALING WITH NON-PERFORMING LOAN PORTFOLIOS
Book ID/图书代码： 05930011B48064
English Summary/英文概要： Dealing with distressed loans is different to other banking activities. Normal bank processes, decision-making structures, management techniques and investment philosophies are geared to making money in buoyant markets. However, these same characteristics mean that in a downturn banks are poorly equipped to deal with working-out distressed loan portfolios. This is problematic and costly for banks, as there are billions of dollars to be made from the resolution of defaulted loan books, if only they can harness the skills for doing this effectively.
In this unique new book, John Michael Sheehan explains why financial institutions have failed to resolve distressed loan books profitably in the past and describes the solutions they can put in place to improve this in the future. Sheehan builds on 20 years’ experience of hands-on asset monetisation, loan portfolio servicing and debt work-out to describe how banks can learn to convert the dredges of loan defaults into profits. Written in a clear and approachable style, illustrated throughout and punctuated with insightful real-life case studies, Sheehan provides a highly accessible guide to this technical area.
The book is divided into three parts. The first section analyses how and why banks fail to maximise distressed recoveries. The second section is a practical, basic training manual of techniques, systems and processes that will explain to investors or lenders how to go about earning back their losses and, in many cases, clearing amounts greater than par. The final section analyses lessons from previous crises and proposes how in the future financial institutions can improve their distressed loan resolution practices.
Bank executives and officers, their advisors, loan servicers, investors, and government-sponsored entities will be able to use this book as a working tool to assist them in working-out loans and retaining the rewards from this process. Accountants, administrators and ratings agencies should find this book to be an extremely useful source of reference, whilst regulators, academics and students will also find it will improve their understanding of the secretive distressed debt industry and therefore the financial system.
Chinese Summary/中文概要： 坏账要回可不同于其它银行业务。银行的一般程序，决策机构，管理技术以及投资哲学都可以用来活跃市场。但是，这些特征也意味着处于经济低迷时期的银行在处理贷款时可不那么顺手。对银行而言，这些都是不可忽视的高成本问题。只要他们按照本书的相关规则去做，就极有可能成功地要回几十亿美元的坏账。 John Michael Sheehan 在书中解释了为什么在过去的年月金融机构没有参考解决坏账的图书，并提供了不久的将来解决这些问题的方法。Sheehan在过去的20年将坏账转化为现金，贷款组合，经济疲软的实战经验的基础上，回答了如何疏通违约贷款，获得利润。本书深入浅出，以现实生活中活生生的例子为基础，为业内人士解决燃眉之急。
本书分为三部分。第一部分解释了银行不能成功要回坏账的原因。第二部分是实用指南，提供一系列具体的方法，系统和过程，告知读者如何解释要回属于自己的账目。最后一部分总结了前一段时间的金融危机得出的教训，并为金融机构如何提高要回坏账技巧提供建议。
银行的高级主管、官员、顾问、贷款服务人员、投资商，政府资助实体皆视此书为左膀右臂，据此解决坏账，获取报酬。会计师、行政人员、以及评价代理机构将会发现此书是既是实用的参考书，又是行政人员、学者和学生的好帮手，在提高他们对激活坏账理解的同时，对金融体系有所了解。
John Sheehan已通过一美国知名银行，对国际金融危机进行了数十年的追踪调查，专门研究坏账激活、贷款服务、企业重组、不动产投资，以及财政重组。其中坏账投资和要回是资金投资中盈利最大的的项目。
John 刚到这家公司时从事不动产咨询工作和坏账的抵押评估工作。 期间他对货款价格，证券投资组合谈判以及金融机构和政府机构的的金融工作都有所研究。最终他选择了向贷款服务和大型平台的管理领域进军，尤其是刚创立不久的行政辖区领域。(兼职翻译-XMM)
Awards/获奖情况：
About the Author/作者介绍： John 早期在英国和西欧工作。1997年金融危机后到2005年间在亚太地区工作。其后直到现在又转战欧洲和拉美。香港、新加坡、马来西亚、印度尼西亚、泰国、菲律宾、台湾、韩国、印度、澳大利亚、巴西、哥伦比亚、葡萄牙、西班牙、德国、波兰、捷克、希腊、土耳其、和以色列的贷款交易赋予他丰富的全球性经验。
John 建议金融机构、行政人员为能激活不良贷款对坏账管理人员进行专门训练。他在亚、欧都是很受欢迎的演讲家。 John Sheehan followed financial crisis around the world for a decade with a well-known US investment bank, specialising in distressed debt acquisition and loan servicing, corporate restructuring, real estate investment, lending and structured finance. Amongst these, distressed debt investment and work-out was one of the most profitable business lines earning extraordinary returns on capital invested.
John’s first introduction to this business was undertaking real estate advisory and collateral valuation of non performing loan portfolios. From here he advanced into loan pricing, portfolio negotiation and acquisition from financial institutions and governments. Ultimately, he progressed into loan servicing and managing large work out platforms, specialising in newly opened jurisdictions.
His early career was spent in the UK and Western Europe. He worked in Asia Pacific after the 1997 crisis until 2005 and thereafter back in Europe and then Latin America gaining global experience through loan transactions in Hong Kong, Singapore, Malaysia, Indonesia, Thailand, the Philippines, Taiwan, Korea, India, Australia, Brazil, Columbia, Portugal, Spain, Germany, Poland, the Czech Republic, Greece, Turkey and Israel.
John now advises financial institutions, administrators and investors on the subject of non-performing loans and undertakes specialised training courses for loan work-out units and distressed debt asset managers. He is a popular public speaker in Asia and Europe.
He holds a B.Sc. degree in Estate Management and is a Fellow of the Royal Institution of Chartered Surveyors.
Format:HARDCOVER
Rights Status/版权销售情况：Simplified Chinese/简体中文：AVAILABLE
Complex/Traditional Chinese/繁体中文：AVAILABLE
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