Laurent Gauthier works as a consultant advising institutional investors on securitized products research and modeling, teaches as an adjunct at Toulouse Business School (France), and has been a Visiting Professor in economics at the University of Konstanz (Germany). He has spent close to 25 years focusing on securitization, and ran securitized products research and trading strategy at Morgan Stanley and at other investment banks. He graduated from Edhec Business School (France) with a major in corporate finance, and holds a PhD in mathematics from Sorbonne University (France). He has published several articles and book chapters in mathematical finance and on the analysis of securitized products.

Introduces securitization, explains the analysis of loan portfolios and presents a detailed overview of structuring

Offers a useful guide to the economics of securitization and drills into its fundamental economic drivers and the problems it raises

Combines theoretical concepts and proofs with recent and impactful research from the field and confronts them with a practitioner's perspective