Recent Workshops | Print |

 June 2015

Consultants of DNA Training & Consulting were hired very recently to provide a valuation opinion for a Lebanese bank regarding a complex FX hedge of that bank’s equity investment in one of its foreign subsidiaries.  Working with quantitative experts from the Lebanese bank, our team needed to model this non-vanilla series of options via Monte Carlo simulation and to determine an appropriate skew for option volatilities at different strikes and tenors, in addition to setting up a model for use on a monthly basis when the position would need to be revalued under IFRS.

The same Lebanese bank returned soon after with a valuation request for certain warrants on the equity of this foreign subsidiary.  This exercise involved another Monte Carlo simulation which centered on the spot prices of the equity and the currency, the volatilities of both, the anticipated dividend yield of the stock, the interest rate of the foreign and Lebanese currencies, the tenor of the warrants and, most problematically, the correlation between the returns on the stock and those on the foreign currency.

 

June 2011


Banks under Basel 3: Challenges & Changes for Italian FX Dealers Association, Milan

May 2011


Derivatives Workshop for Citigroup, Lagos

February 2011


Derivatives Training for Relationship Managers for Barclays Bank, Dubai

November 2010


Advanced Asset Securitization (in French) for Societe Generale, Paris

June 2010


Derivatives Workshop for Deutsche Bank Europe, London

March 2010


Basle II: Analysis & Implementation for the Institute of Banking Studies, Amman

Jan 2010


Financial Engineering for Citigroup Asia, Shanghai

Jan 2010


Advanced Derivatives Pricing & Hedging for Citigroup Asia, Shanghai

2009 - 2010

Program for Lebanese bankers in association with Ernst & Young, Beirut:

Financial Mathematics & Fixed Income

Pricing & Modeling Treasury Instruments in Excel

Advanced Corporate Finance

Fundamental of Credit Analysis

Advanced Structuring Techniques & Financial Engineering

 

Feb 2009


Presentation on the Financial Crisis for the CFA Institute, Nicosia

2009


Advanced Credit Derivatives in association with DC Gardner for Société Générale, Paris

 

2009


Derivatives Insights for the Banco de Crédito e Inversiones, Santiago

2009


Intermediate Credit Analysis for the Institute of Banking Studies, Amman

2008

Asset Securitization, Credit & Equity Derivatives, Forwards, Futures & Options for ABN AMRO London, Singapore, Shanghai, Mumbai

 

2007 - 2008

Credit Market Crisis, Opportunity Identification for Treasury Sales, Asset Backed Securitization for National Bank of Kuwait, Kuwait

 

2007 - 2009

Structured Investment Products, Forward, Futures & Options for the Institute of Banking Studies, Amman

 

2007 - 2008


Structured Investment Products for SAMBA, Riyadh Saudi Arabia

2007 - 2008


Credit Market Crisis for ABN AMRO London, Amsterdam, Singapore, Beijing

2007 - 2008

Derivatives, Credit Derivatives, Advanced Structured Credit & Asset Securitization for bankers, public sectors, insurance bankers, corporate, financial institution bankers, clients for ABN AMRO London, Amsterdam, Frankfurt, Hong Kong, Shanghai, Singapore, Mumbai, Kazakhstan

 

2007 - 2008

School of FX & Derivatives, Sovereign Debt Management for Citibank Singapore, Istanbul, Gabon

 

2007 - 2008

Hedge Funds for Risk Managers, Asset Backed Securitization for ABN AMRO Bank, Amsterdam, London, Singapore, Hong Kong

 

2007

Basle 2 and Structured Credit for Unicredito Bank in association with Calyon Milan Branch, Milan

 

2007

School of Derivatives for Ceska Sporitelna, Prague

 

2007

Intermediate Loan Structuring, Bank Audi, Beirut

 

2007

Asset Backed Securitization, National Commercial Bank, Jeddah

 

December 2006

Sovereign Debt Management and Arca CD for Calyon, Milan

 

December 2006

Advanced Structured Credits for Calyon, Milan

 

November 2006

Capital Markets for Citibank NA, Mumbai

 

November 2006

Asset Securitization for National Bank of Kuwait, Kuwait

 

October 2006

Financial Engineering for Citibank NA, Manila

 

October 2006

Structured Credits for Generali for Calyon, Trieste

 

September 2006

Analytics Training for ABN AMRO, London

 

June 2006

Marketing Derivatives for Citibank NA, Kuala Lumpur

 

June 2006

Advanced Structured Credits for Calyon, Stresa

 

May 2006

School of FX & Derivatives, Advanced for Citibank SA, Istanbul

 

April 2006

Advanced Structured Credit Derivatives for ABN AMRO, Amsterdam

 

February 2006

Derivatives Workshop for Sonatrach for Citigroup, Algeria

 

April 2005

Real Estate Finance for Cadwalader, Wickersham & Taft, London

 

March 2005

Private Wealth Management for Emirates Bank, Dubai

 

February 2005

Contractor Finance for National Commercial Bank, Jeddah

 

2000 - 2004

Actionable Financial Analysis and Valuation for Investment Decisionmaking, for Goldman Sachs FICC/Equities Division and J.P. Morgan Chase Equities Division, New York

 


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