Introduces credit and counterparty risk-management practices in banking, corporate and commodity finance, commercial real estate, bonds, and credit derivative markets. Banking and corporate sectors face significant capital funding challenges as central banks respond to inflationary pressures. Presents a range of analytic methods used to assess risk exposures in credit portfolios, price credit products, and hedge credit risk exposure and interest-rate volatility. Covers factors driving corporate ratings and policies aimed at ensuring bank solvency. Presents models related to credit risk management.