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  • All HBS Web  (2,881)
    • People  (3)
    • News  (670)
    • Research  (1,230)
    • Events  (14)
    • Multimedia  (27)
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  • 20 Sep 2011
  • First Look

First Look: September 20

and a little understood provision in the federal tax code that is implemented at the state level, the Low-Income Housing Tax Credit (LIHTC). The relationship is complex because, while the federal government uses the CRA to control bank... View Details
Keywords: Sean Silverthorne
  • 18 Aug 2011
  • Lessons from the Classroom

Business Plan Contest: 15 Years of Building Better Entrepreneurs

voting voice to determine which pieces by new, independent designers will be offered for sale on the site. Those who vote for the winning item of the day receive credits and rewards. The business launched last September as the pair began... View Details
Keywords: by Julia Hanna; Education
  • 23 Dec 2008
  • First Look

First Look: December 23, 2008

and, in particular, senior risk officers play in fifteen international banks. The research was carried out between June 2006 and June 2007, thus it offers a rare snapshot of the "calm before the storm"—the state of risk management at fifteen large players... View Details
Keywords: Martha Lagace
  • January 1992
  • Teaching Note

Allen Distribution Company (TN)

By: W. Carl Kester
Teaching Note for (9-201-016). View Details
Keywords: Credit; Planning; Risk and Uncertainty; Service Industry
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Kester, W. Carl. "Allen Distribution Company (TN)." Harvard Business School Teaching Note 292-032, January 1992.
  • 28 Oct 2014
  • First Look

First Look: October 28

http://hbr.org/product/Whole-Foods--the-Path-to-/an/615019-PDF-ENG Harvard Business School Case 915-001 Pivots and Incentives at LevelUp LevelUp's mobile payments service lets users scan a smartphone barcode rather than swipe a credit... View Details
Keywords: Carmen Nobel
  • 12 Sep 2006
  • First Look

First Look: September 12, 2006

requires upfront capital investments. The more developed the local financial markets, the easier it is for credit constrained entrepreneurs to start their own firms. The increase in the number of varieties of intermediate goods leads to... View Details
Keywords: Sean Silverthorne
  • 20 Jan 2017
  • Research & Ideas

Here’s How Businessman Trump Is Likely to Approach the Presidency

expansion of the earned-income tax credit, unification and simplification of various credits and deductions, and a new top bracket for individuals making more than $1 million would help enormously. How does Trump’s business background... View Details
Keywords: by Christina Pazzanese
  • June 1995 (Revised May 1996)
  • Teaching Note

State of Connecticut Municipal Swap TN

By: Andre F. Perold and Wai Lee
Teaching Note for (9-291-024). View Details
Keywords: Credit Derivatives and Swaps; Connecticut
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Perold, Andre F., and Wai Lee. "State of Connecticut Municipal Swap TN." Harvard Business School Teaching Note 295-162, June 1995. (Revised May 1996.)
  • 14 Dec 2011
  • Research & Ideas

The New Measures for Improving Nonprofit Performance

strategy for how you actually get to those results. For example, the MCC made a $550 million grant to the government of Ghana that was focused on infrastructure such as irrigation and roads that could get farm goods to market, as well as agricultural View Details
Keywords: by Julia Hanna
  • June 1995 (Revised May 1996)
  • Teaching Note

American Express TRS Charge-Card Receivables and Lehman Brothers and the Securitization of American Express Charge-Card Receivables TN

By: Andre F. Perold and Wai Lee
Teaching Note for (9-293-120) and (9-293-121). View Details
Keywords: Credit Cards; Accounting; Financial Services Industry
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Perold, Andre F., and Wai Lee. "American Express TRS Charge-Card Receivables and Lehman Brothers and the Securitization of American Express Charge-Card Receivables TN." Harvard Business School Teaching Note 295-158, June 1995. (Revised May 1996.)
  • February 1977
  • Case

Available Finance Corp.

By: Jay O. Light
Keywords: Financing and Loans; Credit; Financial Services Industry
Citation
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Light, Jay O. "Available Finance Corp." Harvard Business School Case 277-144, February 1977.
  • April 2014
  • Teaching Note

Risk Management at Wellfleet Bank: All That Glitters Is Not Gold

By: Anette Mikes
Teaching Note for 110011. View Details
Keywords: Credit; Risk Management; Governance; Performance Evaluation; Banking Industry
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Mikes, Anette. "Risk Management at Wellfleet Bank: All That Glitters Is Not Gold." Harvard Business School Teaching Note 114-084, April 2014.
  • October 1999 (Revised July 2000)
  • Case

MasterCard International: World Championship Soccer Sponsorship

By: David J. Arnold and David Lane
MasterCard must decide whether to renew the sponsorship of the World Cup and other soccer events in light of a 100% increase in the sponsorship fee and a strategic realignment by MasterCard. A rewritten version of an earlier case. View Details
Keywords: Credit Cards; Marketing Strategy; Sports; Financial Services Industry; Sports Industry
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Arnold, David J., and David Lane. "MasterCard International: World Championship Soccer Sponsorship." Harvard Business School Case 500-036, October 1999. (Revised July 2000.)
  • 2025
  • Working Paper

Precautionary Debt Capacity

By: Deniz Aydin and Olivia S. Kim
The determinants of debt capacity are a central theme in finance and macroeconomics, yet it remains unclear why firms leave some of their debt capacity unused and whether this affects investment and growth. Textbook theory suggests that firms should not leave their... View Details
Keywords: Borrowing and Debt; Credit; Financing and Loans
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Aydin, Deniz, and Olivia S. Kim. "Precautionary Debt Capacity." SSRN Working Paper Series, No. 2024/01. (Best Paper Award, Red Rock Finance Conference.)
  • June 1995 (Revised May 1996)
  • Teaching Note

B.F. Goodrich-Rabobank Interest Rate Swap, The TN

By: Andre F. Perold and Wai Lee
Teaching Note for (9-284-080). View Details
Keywords: Credit Derivatives and Swaps; Rubber Industry
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Perold, Andre F., and Wai Lee. "B.F. Goodrich-Rabobank Interest Rate Swap, The TN." Harvard Business School Teaching Note 295-161, June 1995. (Revised May 1996.)
  • August 1994
  • Background Note

Derivative Markets: Structure and Risks

Gives a conceptual understanding of derivative products, their applications, and valuation. After a brief treatment of exchange-traded derivatives, explores over-the-counter (OTC) derivatives, emphasizing the market, credit, legal, operational, and other risks... View Details
Keywords: Credit Derivatives and Swaps; Markets
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Mason, Scott P., and Kuljot Singh. "Derivative Markets: Structure and Risks." Harvard Business School Background Note 295-009, August 1994.
  • August 2017 (Revised February 2024)
  • Teaching Note

Exotic Interest Rate Swaps: Snowballs in Portugal

By: Boris Vallee, Patrick Augustin and Philippe Rich
This case explores a complex swap transaction implemented by Metro do Porto in 2007. It represents an opportunity to study fixed income derivative instruments, such as plain-vanilla swaps and structured swaps, as well as understand the opportunities and challenges of... View Details
Keywords: Swaps; Public Finance; Structured Finance; Credit Derivatives and Swaps; Public Sector; Transportation Industry; Rail Industry; Portugal
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Vallee, Boris, Patrick Augustin, and Philippe Rich. "Exotic Interest Rate Swaps: Snowballs in Portugal." Harvard Business School Teaching Note 218-018, August 2017. (Revised February 2024.)
  • July 1998
  • Article

New Derivative and Hedging Accounting Standard

By: David F. Hawkins
Keywords: Credit Derivatives and Swaps; Accounting; Standards
Citation
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Hawkins, David F. "New Derivative and Hedging Accounting Standard." Accounting Bulletin, no. 67 (July 1998).
  • April 2024
  • Article

Demand-and-Supply Imbalance Risk and Long-Term Swap Spreads

By: Samuel G. Hanson, Aytek Malkhozov and Gyuri Venter
We develop and test a model in which swap spreads are determined by end users' demand for and constrained intermediaries’ supply of long-term interest rate swaps. Swap spreads reflect compensation both for using scarce intermediary capital and for bearing convergence... View Details
Keywords: Swap Spreads; Credit Derivatives and Swaps; Interest Rates; Risk and Uncertainty; Volatility
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Hanson, Samuel G., Aytek Malkhozov, and Gyuri Venter. "Demand-and-Supply Imbalance Risk and Long-Term Swap Spreads." Art. 103814. Journal of Financial Economics 154 (April 2024).
  • February 1986 (Revised January 1996)
  • Background Note

Currency Swaps

Describes uses of foreign currency swaps and development of both interest rate and foreign currency swaps market. Emphasis on calculation of all-in costs using foreign currency swaps and conversion of basis points in one currency to basis points in a different... View Details
Keywords: Credit Derivatives and Swaps; Currency Exchange Rate; Capital Markets
Citation
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Mason, Scott P. "Currency Swaps." Harvard Business School Background Note 286-073, February 1986. (Revised January 1996.)
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